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BDSec JSC
Mongolia's Largest Stock
Brokerage and Investment Bank

Client Service: /Overseas/ 
(976)
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-11-313108
-11-323411
 
 
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  • Notice on exercise of the pre-emptive rights for the acquisition of additional shares in BDSec JSC
    Thursday, 17 July 2014

    bdsec_logo.jpgThe Financial regulatory commission of Mongolia approved the rights issue of BDSec JSC through its regular meeting on 7 July, 2014.

    Please see the below notice on exercise of the pre-emptive rights.


  • Naadam festival falls between July 11-15
    Wednesday, 09 July 2014
    naadam.gifThe Mongolian national holiday “Naadam” will be celebrated from July 11 to 15. Therefore, the stock exchange will close its market on these days.
     

  • BDSec JSC approved to issue 6,000,000 shares in rights issue
    Tuesday, 08 July 2014

    bdsec_logo.jpgIn accordance with the resolution no. 267, The Financial regulatory commission of Mongolia approved an issuance of 6 million rights offering of BDSec JSC on July 7th, 2014.

     


  • BDSec to provide investment advisory service to ETT
    Monday, 07 July 2014
    img_3330_-_copy.jpgAt the end of last year, Erdenes Tavan Tolgoi JSC announced an open tender for advisory service on its initial public offering.
     


  • Development Bank of Mongolia to cooperate with foreign companies
    Tuesday, 01 July 2014
    dbm.jpg During the irregular governmental meeting on Wednesday, approval was given to the Development Bank of Mongolia’s Board of Directors to establish a 75 million USD contract with Vnesheconombank of Russia, the Bank of Foreign Economic Activity, in order to re-finance capital demanded for installing and buying a 100 Megawatt turbine generator to improve the capacity of Thermal Power Plant No. 4.

  • MMC and Risun to Jointly Market and Sell Coal Products in China
    Monday, 30 June 2014
    mmc.jpgMongolian Mining Corporation (“MMC”, or together with its subsidiaries, the “Group”; SEHK: 975) today announced that its wholly‐owned subsidiary, Mongolian Coal Corporation Limited (“MCCL”), has entered into a joint venture agreement (the “Agreement”) with Risun Mining Co., Ltd (“Risun”), a subsidiary company of the Risun Group. Under the Agreement, MCCL and Risun will establish a joint venture company named Tianjin Zhengcheng Import and Export Trade Co., Ltd (the “JV Company”) in the Tianjin Airport Economic Zone in China for the joint transportation, sale and distribution of coal products produced by MMC.

  • APU Launches New Milk Factory
    Friday, 27 June 2014
    apu_openinig.jpgToday APU (APU:MO) officially opened its new milk factory. According to the company, total investment for the factory was MNT 46 billion. The annual capacity of the factory is 45 million liters of milk products, specifically, 15 million liters of juice, 27 million liters of milk, and 3 million liters. APU started the project in April 2013 and introduced its new products in a year. Beverage industry in Mongolia is expanding every year. According to the National Statistical Office of Mongolia, as of May Mongolian fruit juice production increased by about 30 percent from the same period last year and reached 8.8 million liters, and collected MNT 200 billion sales revenue since the beginning of 2014.

  • New management of Mongolian Stock Exchange visits BDSec JSC
    Thursday, 26 June 2014
    mse_ceo.jpg
    Today, Mr.Angar.D, a newly appointed CEO of Mongolian Stock Exchange, visited an online trading floor of BDSec JSC along with the stock exchange representatives and made a discussion with a Deputy director Mr. Batgerel.N regarding current market situations. 

     


  • Russia, Mongolia to lift visa regime in August
    Wednesday, 25 June 2014
    5634614123_28973c069b_o.jpgSpeaker of the State Great Khural, Mongolia’s parliament, Zandaakhuugiin Enkhbold, hopes to sign an agreement on visa-free regime with Russia in August. The agreement abolishing visa regime between Russia and Mongolia might be signed as early as this August, Chairman of the State Great Khural, the Mongolian Parliament, Zandaakhuu Enkhbold said Monday.

  • POSCO Energy consortium wins 1.5 tln won deal in Mongolia
    Tuesday, 24 June 2014

    posco_logo.jpgPOSCO Energy Co., a unit of South Korea's top steelmaker POSCO, said Monday a consortium it belongs to has signed a 1.5 trillion won (US$1.34 billion) contract to build and operate a combined heat and power plant in the suburbs of Ulaanbaatar, the capital of Mongolia. The consortium plans to start building the power plant with an annual generating capacity of 450 megawatts in 2015 and complete it by 2019, POSCO Energy said in a statement.


  • President of China Xi Jinping to pay a state visit to Mongolia near future
    Monday, 23 June 2014
    xi-jinping.jpgThe Minister of Foreign Affairs of the People’s Republic of China (PRC) Mr Wang Yi will pay an official visit to Mongolia on June 24-26, by invitation of his counterpart of Mongolia L.Bold. At its regular meeting on Saturday, the cabinet discussed draft directives the Mongolian side will adhere to during this visit, and decided to have them approved by the Premier.

  • Mongolia secures growth with cement production hike
    Friday, 20 June 2014
    content_10311002_794554267223150_8510390174303850144_n.jpgNew production capacity in Mongolia’s cement industry is set to meet rising demand as advanced technology is replacing old equipment, moving towards self sufficiency in one of the key materials in the construction trade. In May, Mongolia began production at the country’s largest cement plant, a one million ton capacity facility in Khutul soum of Selenge Province. The plant was refurbished over a one-and-a-half year period, replacing outdated technology from an inactive Soviet-era cement factory with a modern dry process system.

  • China approves opening-up of Erenhot border areas
    Thursday, 19 June 2014

    ereen_hot.jpg A new experimental area for development and opening up at the border of north China’s Inner Mongolia Autonomous Region has been approved. It is a breakthrough for Erenhot, an inland port city which borders Mongolia, coming after two years of preparations. The experimental area will enjoy preferential policies in financing, land, investment and industry, to attract capital, talent and technology.


  • Parliament to discuss telecommunications law
    Wednesday, 18 June 2014

    57fe0fdc87cef5c9big.jpgThe Prime Minister N.Altankhuyag submitted Wednesday a draft law to amend the law on telecommunications to the parliament Speaker Z.Enkhbold. In developing this draft, the Telecommunication Regulatory Committee studied chances to introduce in Mongolia the number portability services.


  • Bank of China to give US$ 25 million loan to Tuushin Hotel of Mongolia
    Tuesday, 17 June 2014

    bank_of_china_logo.jpgBank of China Tokyo Representative Office concluded $25 million loan agreement with Tuushin Hotel on June 13. It was the first financing to Mongolia by the Bank of China, which was established its representative office in Ulaanbaatar in 2013. The Trade and Development Bank, Golomt Bank and Xacbank are being involved with financing. The Bank of China expressed its interest to offer its products and services through those banks of Mongolia in the future.


  • Latvia allows Mongolia to use sea ports for export
    Monday, 16 June 2014

    0b5c904590e7688d4541179b58f2ac3c_xl.jpgVisiting Latvian President Andris Berzins said here Thursday that Mongolia can use Latvian sea ports to export its products to any European country. At a meeting with Mongolian Prime Minister Altankhuyag Norov, Berzins said there are wide possibilities for the two countries to work together in economic areas, especially in the transportation and logistics sector.


  • Aspire Buys Mongolia Coal Mine Venture With Noble
    Sunday, 15 June 2014

    asprie_mining_websize.jpgAspire Mining Ltd. (AKM), the Australian firm developing coking coal assets in northern Mongolia, said it agreed to buy 50 percent of a venture with Noble Group Ltd. (NOBL) to expand its footprint in the Asian nation. Aspire will issue 10 million shares to Xanadu Mines Ltd., which currently holds the stake in the 50-50 venture with Noble, the Perth-based company said today in a statement. Aspire will give Xanadu a further 5 million shares should the coking coal deposit the venture controls be able to certify that it holds 30 million metric tons of resource.


  • Hunnu Airlines launches direct flight to Paris
    Friday, 13 June 2014

    acaa91a5d39c48e495b9e2feacd26c61_xl.jpgA ribbon-cutting ceremony took place Monday to open the direct flight of the “Hunnu Air” company of Mongolia from the Chinggis Khaan international airport (Ulaanbaatar) to Charles de Gaulle Airport (Paris). Present at the ceremony were the company’s executives and Mr Yves Delaunay, a former Ambassador of France to Mongolia.


  • Latvian President visits Ulaanbaatar
    Thursday, 12 June 2014

    eba70c4763d011dcbig.jpgLatvian President Andris Berzins landed at Chinggis Khaan Airport in Ulaanbaatar on a special flight, on Wednesday evening, June 11th. President Ts.Elbegdorj officially welcomed Latvian President Andris Berzins at Chinggis Khaan Square at 10.00 pm. After the ceremony the two counterparts showed their respects to Chinggis Khaan`s Monument.


  • Mongolia--Chinese Inner Mongolia investment meeting approaches
    Tuesday, 10 June 2014

    c97acb1b2a26658415676ce67d3d0c6c_l.jpgThis action will run at the National Chamber of Commerce and Industry in the UB city this July 2-4. This event is to be co-organized by Mongolia's Foreign Investment and Foreign Trade Agency and the Chamber of Commerce of Chinese Inner Mongolia with an aim to intensify ties between the two sides in the investment sector.


Daily Market Update
  • MSE Top 20 Powers Higher by 4.7%
    (July 7, 2014) In one of its strongest performances in the last 3 years, the MSE Top 20 closed 4.7% higher on volume of 54,000,000 MNT. Advancing stocks beat out decliners by a margin of almost 10-1, with 14 stocks trading up the daily limit of 15%.

  • Mongolian shares advance for 4th day in a row
    adl_chart.jpg(June 30, 2014) Mongolian shares advanced for the fourth day in a row. The MSE Top 20 index added +0.59% to end the session at 15,488.80. Out of 20 companies traded on the exchange, 14 stocks gained, 2 fell, and 4 remained same.

  • Mongolian Mining Corporation and Risun to Jointly Market and Sell Coal Products in China
    suu_chart.jpg(June 27, 2014) MSE stocks ended the week in green with 3-day advance. The benchmark index closed +0.46% higher at 15,398.32 points. Five stocks rose for every two stocks that fell on the bourse. Suu (SUU) was the most actively traded stock with MNT 29.9 million worth of shares exchanged hands.

  • APU (APU:MSE) Launches New Milk Factory
    apu_chart.jpg(June 26, 2014) Mongolian shares edged higher on Thursday. State Department Store (UID) was once again the most actively traded stock of the day. The stock closed -3.5% lower at MNT 560. Today APU (APU:MO) officially opened its new milk factory.

  • Turnover for Wednesday at $110 thous.
    (June 25, 2014) uid.jpgMSE stocks rebounded on Wednesday. The benchmark index gained +0.54% to finish the day at 15,326.05 points. State Department Store (UID) was the most actively traded stock of the day. It also led today’s gainers with +9.4% advance. Total of 310 thousand UID shares were changed hands at MNT 580.

  • Rio Disputes Mongolia Claim Over Unpaid Taxes
    mrx_chart.jpg(June 24, 2014) MSE stocks dropped for the second day in a row. The MSE Top 20 index fell -0.59% to sit at 15,243.17 points on Tuesday. Merex (MRX), the newest MSE-listed company, saw its share dropping -4.9% to close at MNT 106.04. The company offered its shares at MNT 100 per share in April. Tavantolgoi (TTL), the second largest company on the MSE by market value, declined -3.4% to sit at MNT 4,807.

  • Chairwoman of the Federation Council of Russia arrives
    suu_chart.jpg(June 23, 2014) Mongolia stocks started the week in red after 2-day advance. The benchmark index dropped -0.57% to 15,333.37 points on Monday. 246 thousand Silikat (SIL) shares worth of MNT 55.4 million were traded on the exchange. The company is buying back its shares at MNT 225.

  • Turnover for Friday at US$ 180 thousand
    tck_chart.jpg(June 20, 2014) MSE stocks ended the week in green. The MSE Top 20 rose +0.81% on Friday to sit at 15,420.95 points. The index gained +1.68% over the week. Mongol Nekhmel’s (MNH) 70 thousand shares worth of MNT 318.8 million were exchanged hands at a price of MNT 4,505 as a block trade.

  • Draft Law on Casino approved by the Cabinet
    beu_chart.jpg(June 18, 2014) On Wednesday, only 8 companies were traded on the MSE, but daily turnover recovered to MNT 32.5 million. Berkh Uul (BEU) was the most actively traded stock during the day. 9,785 shares of BEU worth of MNT 31.3 million changed hands at a price of MNT 3,200.

  • MSE stocks end 3-day advance amid low volume
    shv_chart.jpg(June 17, 2014) Mongolia stocks declined -0.29% ending 3-day advance on Tuesday amid low turnover. Turnover for the day was only MNT 5.5, one of lowest this year. Mongol Nekhmel lost -14.5% to close at MNT 5,300. Shivee Ovoo dropped -6.8% to hit its 9-month low of MNT 4,800. Berkh Uul (BEU) also fell -5.9% to sit at MNT 3,200, its lowest close since April.

     


  • Eight Korean businesses propose opening Mongolian branches
    hgn_chart2.jpg(June 16, 2014) The MSE Top 20 index rose for the third day in a row to gain +0.3% to end at 15,210.38 points. Khukh Gan (HGN) led the gains with +14.7% increase, followed by Hermes (+3.33%). On the other hand, Material Impex (-6.5%) dropped to MNT 14,500, and Makh Impex (-5.2%) fell to MNT 2,920.

  • Silikat buys back shares
    sil_chart.jpg(June 13, 2014) On Friday, almost MNT 3 billion worth of shares changed hands on the MSE. Silikat repurchased MNT 3 billion worth of 13.3 million of its shares. 2013 Silikat Annual General Meeting, which was held last April, decided to cancel the IPO of 2011 and buy back its 16.2 million shares at price of MNT 225 per share.

  • Khukh Gan (HGN) drops to near 5-year low
    hgn_chart.jpg(June 11, 2014) MSE stock dropped on low volume. On the bourse, only 10 companies were traded with total turnover of MNT 11.2 million on Wednesday. Sharyn Gol (SHG), which is the 3rd biggest company in the MSE Top 20 index, fell -5.1% to close at MNT 7,120.

  • MSE stocks fell amid unexpected selloff
    tck_chaty.jpg (June 10, 2014) The unexpected selloff at the MSE resulted the Top 20 index to lost as much as -3.66% after declining -0.05% on Monday. Out of 14 Board A companies traded on the bourse, all except Suu (SUU) ended the session in red.

  • Silikat JSC's securities trading suspended
    mie_chart.jpg(June 6, 2014) Mongolia stocks edged up +0.03% to extend its winning session to four straight trading day. According to Silikat JSC’s shareholders meeting decision of 30 April 2014, FRC announced the suspension of securities trading of Silikat JSC starting from 3 June 2014, according to the Mongolian Stock Exchange.

  • MSE stocks up for third day
    mib_chart.jpg(June 5, 2014)Mongolia stocks close higher for third day in a row. The MSE Top 20 added +0.81% to sit at 15,570.61 points. Moninjbar (MIB), Mongol Nekhmel (MNH), Telecom Mongolia (MCH), and Gazar Suljmel (SUL) gained more than 10 percent.

  • Mongolian stocks rise for second day
    ttl_chart.jpg(June 4, 2014) Mongolia shares closed in green for a second day, following yesterday’s +3.8% increase. The benchmark index added +1.34% to end the session at 15,444.87 points. Out of 31 stocks traded, 17 were up, 9 were down, while 5 stocks remained same. Gutal (GTL), State Department Store (UID), Aduunchuluun (ADL) and Eermel (EER) soared more than 10 percent.

  • MSE stocks surge 3.8% to wipe out 7-day losses
    shv_chart.jpg(June 3, 2014) MSE Top 20, the benchmark index of the market, surged +3.8 percent on Tuesday wiping out its 7-day losses. Out of 20 companies traded on the bourse, 10 companies advanced and only 1 company decreased. Shivee Ovoo (+12.5%) led gains followed by Tavantolgoi (+10.1%), and APU (+6.2%).


  • Cabinet discusses PM's participation in SPIEF
    apu_chart.jpg(June 2, 2014) Mongolian stocks fell for a seventh day, led by declines in Material Impex (-6.0%), APU (-2.9%), and Darkhan Nekhii (-2.6%). APU (APU), the largest beverage producer of the country, has been the biggest dragger of the index recently. APU extended its losing streak to 4 consecutive days of trading, sliding 2.9 percent today to an 18-month low. In March 2014, the company reported a 32 percent drop in annual sales and a 83 percent drop in annual earnings for the fiscal year 2013. The shares are recently trading at 62.8 times earnings. APU introduced fully automated logistics center and Kaltenberg products in 2013.