MONTSAME National News Agency, in cooperation with MICC Mongolia International Capital Corporation LLC, is delivering a weekly overview of domestic and international capital markets and economic developments to its readers.

Weekly Capital Market and Economic Review
(July 27, 2026 - August 2, 2026)

MONGOLIAN STOCK EXCHANGE

Last week on the Mongolian Stock Exchange, a total of 4.5 million securities worth MNT 3.7 billion were traded. By trading value, Khan Bank JSC, Tavantolgoi JSC, Mongolian Stock Exchange JSC, APU JSC, and Trade and Development Bank were the most actively traded securities. No block trades were executed during this period.

MSE indices generally closed higher during the reporting week. The TOP-20 Index rose by 2.85% to 54,126.05 points, the MSE A Index grew by 2.50% to 20,800.63 points, and the MSE B Index increased by 1.52% to 14,402.83 points. However, the FTI Index slightly declined by 0.38%, closing at 1,011.38 points.

Buying activity increased relatively evenly across large, mid, and small-cap stocks, supporting broad market growth. The slight drop in the FTI Index reflected the weak valuation of investment fund units. Overall, investor demand centered on the stock market, maintaining a positive market outlook.

SECURITIES MARKET TRANSACTIONS DOUBLE; PRIMARY MARKET LEADS GROWTH

In the first half of 2026, total transactions in the securities market reached MNT 865.6 billion, representing an increase of MNT 435.4 billion, or a twofold surge compared to the same period last year. The primary driver of this growth was primary market activity, which accounted for 66.0% of total transactions, or MNT 570.9 billion, while secondary market transactions made up 34.0%, or MNT 294.7 billion.

Key Indicators:

Total securities transactions: MNT 865.6 billion (+2.0 times)
Primary market: MNT 570.9 billion (66.0% of total transactions)
Secondary market: MNT 294.7 billion (34.0% of total transactions)
Market capitalization: MNT 13.7 trillion (+12.8%)
TOP-20 Index monthly average: 51,621.47 points (+2,896.34 points year-over-year)
Although the total trading value rose sharply, a notable indicator was that the volume of traded securities stood at 266.3 million shares, down 57.9% year-over-year. This indicates that the market was dominated by fewer but higher-value transactions, particularly corporate bonds and primary market financing. Furthermore, corporate bonds accounted for 53.5% of total securities transactions, followed by corporate stocks (16.2%), asset-backed securities (15.4%), and government bonds (14.8%). This highlights the growing importance of debt instrument financing in the Mongolian stock market.

"INNOVATION INVESTMENT" JSC TO DISTRIBUTE DIVIDENDS FROM RETAINED EARNINGS

By Resolution No. 26/26 of the Board of Directors of "Innovation Investment" JSC, dated July 29, 2026, the company has resolved to distribute dividends from its accumulated net earnings. The company will allocate a total of MNT 11.09 billion across its 184.9 million common shares, issuing a cash dividend of MNT 60 per share. The record date for eligible shareholders is August 14, 2026, and the dividends will be deposited into shareholders' accounts through the "Mongolian Central Securities Depository" LLC by August 26, 2026.

Total dividends: MNT 11.09 billion
Dividend per share: MNT 60
Total shares issued: 184,889,160 shares
Record date for eligible shareholders: August 14, 2026
Dividend distribution date: By August 26, 2026
Form of distribution: Cash

MASD PARTICIPATES IN "MARKET OPPORTUNITIES FOR FOREIGN BANKS IN MONGOLIA" EVENT
Chairman of the Board of Directors of the Mongolian Association of Securities Dealers (MASD), Enkhbat Ganbold, attended the "Market Opportunities for Foreign Banks in Mongolia" event, organized by the Embassy of Mongolia in the Republic of Korea. During the event, he gave a presentation on investment opportunities in Mongolia's banking and financial sectors, upcoming amendments to the Banking Law, and non-banking investment opportunities through the capital market.

Indicator

Information

Main topic

Investment opportunities in the banking and financial sector

Legal amendments

Maximum shareholding limit: 20% → 34%; influential shareholder threshold: 5% → 10%

Highlighted opportunities

Purchasing bank shares, establishing branches/subsidiaries, and investment banks

Published Date:2026-08-04