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Increased interest by foreign investors seen in Mongolian stock market PDF Print E-mail
Friday, 19 October 2007
ImageBrokerage houses in Mongolia report increasing interest in Mongolia by overseas investors.  

With Mongolia’s economic growth racing at over seven percent annually, and with foreign property purchases rising, the Mongolian stock exchange is also seeing increased interest by foreign investors. 

"In the last month alone over ten new overseas accounts have been opened up by our brokerage firm," says Guy Mock, Managing Director at Altan San Securities. 

Also, following the impressive rise of Chinese and Vietnamese stock markets, there is considerable interest in the Mongolian stock market.

"It's not just overseas investors who are buying shares. We see quite a few up and coming Mongolian entrepreneurs and businessmen joining in" according to Mr. Mock. 
 

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