The Rangoon Stock Exchange was a secondary over-the-counter (OTC) stock market that operated in

Yangon Yangon, formerly romanized as Rangoon, is the capital of the Yangon Region and the largest city of Myanmar. Yangon was the List of capitals of Myanmar, capital of Myanmar until 2005 and served as such until 2006, when the State Peace and Dev ...

from the 1930s to 1941 and from the late 1950s to the early 1960s. The fledgling exchange, operated by seven European firms, was a secondary OTC market for a few British and American stocks with most of the quotes sourced from

Calcutta Kolkata, also known as Calcutta (List of renamed places in India#West Bengal, its official name until 2001), is the capital and largest city of the Indian States and union territories of India, state of West Bengal. It lies on the eastern ba ...

and

Bombay Stock Exchange BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange based in Mumbai. It is the 6th largest stock exchange in the world by total market capitalization, exceeding $5 trillion in May 2024. Established with t ...

s. It closed down at the outbreak of World War II in 1941. It was revived in the late 1950s to trade shares of nine public-private joint-venture corporations. But this OTC market too died in the 1960s when all the firms were nationalized by Gen.

Ne Win Ne Win (; ; 24 May 1911 – 5 December 2002), born Shu Maung (; ), was a Burmese army general, politician and Prime Minister of Burma from 1958 to 1960 and 1962 to 1974, and also President of Burma from 1962 to 1981. Ne Win was Burma's mili ...

military government A military government is any government that is administered by a military, whether or not this government is legal under the laws of the jurisdiction at issue or by an occupying power. It is usually administered by military personnel. Types of m ...

that seized power in 1962.Yin Yin Mya 2000: 54

References

Bibliography

* {{cite book , author=Yin Yin Mya , editor=Myat Thein, Maw Than , title=Financial Resources for Development in Myanmar: Lessons from Asia , edition=illustrated , isbn=9789812300706 , year=2000 , publisher=Institute of Southeast Asian Studies Economic history of Myanmar Stock exchanges in Asia Defunct stock exchanges Yangon