Hello Introduction
The composition of the Mongolian Stock Exchange’s “TOP-20” Index has been revised and will take effect from January 17, 2025.
Based on the 2024 performance review, 17 companies from the previous index have retained their positions, while “Sendly BBSB” JSC, “Monos Foods” JSC, and “Gazar Shim Uildver” JSC have been removed. In their place, “XacBank” JSC, “Ard Financial Group” JSC, and “LendMN NBFI” JSC have been newly added to the updated index.
As of December 31, 2024, the total market capitalization of the revised TOP-20 Index stands at MNT 10.6 trillion, accounting for 81.9% of the total market capitalization.
The revised index is now dominated by banking and financial institutions, which make up 45% of the total composition.
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