Yangon Port handles 460+ container vessels in 9 months

A total of 464 container vessels arrived at the Yangon Port in the past nine months (Jan- Sept) 2024, the
Myanma Port Authority announced. Myanma Port Authority stated that 49 vessels in January, 53 in February, 55 in March, 50 in April, 52 in May, 50 each in June, July and August and 55 in September called at Yangon Port. This month, 52 vessels are slated to enter the port in October.

Yangon Port handled 629 container vessels in 2023. According to the Myanma Port Authority’s statement
on 22 June 2022, the international ocean liners can now access the inner port thanks to the draft extension.

After the new navigation channel (Kings Bank Channel) accessing the inner Yangon River was found, the
draft extension work was accelerated. The port can now handle larger ships. The container vessel MV SITC
Zhaoming (185.99 metres LOA, 35.25 metres Beam, 29,232 GRT and 2,698 TEUs) of Hong Kong-based SITC
Shipping Line docked at Asia World Port Terminal for the first time on 22 June, the largest ship that AWPT Port handled.

Since May 2021, ship arrivals at terminals in Yangon have increased again. Three new container vessels
by Maersk Line Myanmar (SeaLand Maersk) started to run to fulfil the seaborne trade requirements in 2021. Earlier, the larger ships had draft problems preventing sailing on the Yangon River. With the draft being extended up to 10 metres, the larger ocean liners can enter the Thilawa Port.

Source: The Global New Light of Myanmar

YSX share trading plunges in Sept

The grand trading value of the eight listed companies on the Yangon Stock Exchange (YSX) dropped to K920.7 million with 382,286 shares traded in September from a record high of K3.35 billion with over one million shares in August 2024, according to the monthly report released by the exchange.
The equity market registered trading values of K1 billion with 425,102 shares in January 2024, K693 million with 253,178 million in February, K1.34 billion with 560,687 shares in March, K473 million with 177,812 shares in April, and K1.55 billion with 603,906 shares in May respectively. The trading value hit a record high of K1.7 billion, with 593,392 shares traded in June. Then, the value fell sharply to K974 million, with 321,007 shares traded in July.
The trading value in September is K2.43 billion lower than that of August.
At present, shares of eight listed companies — First Myanmar Investment (FMI), Myanmar Thilawa SEZ Holdings (MTSH), Myanmar Citizens Bank (MCB), First Private Bank (FPB), TMH Telecom Public Co Ltd (TMH), the Ever Flow River Group Public Co Ltd (EFR), Amata Holding Public Co Ltd. (AMATA) and Myanmar Agro Exchange Public Co Ltd (MAEX) are traded in the security market.
FPB topped the trading with 255,623 shares worth K466 million, followed by 71,883 shares of MTSH worth over K247 million, 10,092 shares of FMI worth over K89 million, 16,205 shares of MAEX worth over K54 million, 20,235 shares of EFR worth K34.5 million, 5,850 shares of TMH worth over K16 million, 1,891 shares of AMATA worth K8.5 million and 507 shares of MCB worth K4.48 million respectively last month.

Source: The Global New Light of Myanmar