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Index data
Stock Price Index for listed stock on Main Board (MB) of YSX
MYANPIX (Myanmar Stock Price Index for listed stock on MB), which Registration number is 4/8680/2016 and 4/8681/2016, is YSX-calculated stock price index, which represents price fluctuation of an overall listed stock on MB and becomes basic tools to describe Myanmar’s stock market for investors. MYANPIX started to be calculated from 25th March 2016, the first trading date of YSX.
Index profile
Index Name | MYANPIX (Myanmar Stock Price Index for listed stock on MB) | |
Type | Market capitalization-weighted index | |
Constituent | All the ordinary stocks listed on Main Board of YSX | |
Base date | 25th March 2016 | |
Base point | MMK 1,000* | |
Latest base market value | MMK 1,886,183,446,915.6600 (from 4th Jul. 2023) |
* Unit value of a stock index calculated in a method of Market capitalization-weight is, in principle, “point”. MYANPIX, however, adopts “Myanmar Kyats (MMK)” as its unit value as YSX put investors understandability ahead of mathematical precision.
Calculation methods
Calculation example
● | Base point = MMK 1,000 |
● | Base market value (BMV) = MMK 100 billion |
● | Stock A: Price = MMK 10,000, No. of shares = 4,000,000 |
● | Stock B: Price = MMK 15,000, No. of shares = 2,000,000 |
● | Stock C: Price = MMK 12,000, No. of shares = 5,000,000 |
● | CMV = (Market cap. of Stock A + Market cap. of Stock B + Market Cap. of Stock C) |
= MMK 10,000 * 4,000,000 shares + MMK 15,000 * 2,000,000 shares + MMK 12,000 * 5,000,000 shares | |
= MMK 130 billion |
● | MYANPIX = CMV / BMV * MMK 1,000 |
= MMK 130 billion / MMK 100 billion * MMK 1,000 | |
= MMK 1,300 |
Adjustments
Licensing
YSX reserves all calculation, publication, logos and other rights pertaining to YSX-calculated Indices. As such, commercial use of such indices in the composition and/or sale of financial products such as funds or linked bonds, including using the index as the basis for options, swaps, warrants, or other OTC derivatives, or provision of index data requires a license from YSX.