Thura Swiss Releases First Myanmar Equity Report

International research and consulting company Thura Swiss has conducted an equity research project on First Myanmar Investment (FMI) ahead of the planned floating of the Myanmar Stock Exchange in 2015.

“Access to foreign capital, an increasingly diversified portfolio and high property prices make FMI a solid investment looking forward, but its current price is a reason for caution,” states the 39-page document, which derived a value of 9,326 kyat (US$10) per share.

“Our goal is to see more transparency in the equity markets in Myanmar, and help investors to make informed decisions,” said Dr. Aung Thura...