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

Yangon Yangon ( my, ရန်ကုန်; ; ), formerly spelled as Rangoon, is the capital of the Yangon Region and the largest city of Myanmar (also known as Burma). Yangon served as the capital of Myanmar until 2006, when the military government ...

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

and

Bombay Stock Exchange BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange. It is located on Dalal Street in Mumbai. Established in 1875 by cotton merchant Premchand Roychand, a Jain businessman, it is the oldest stock exchange in ...

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 ( my, နေဝင်း ; 10 July 1910, or 14 or 24 May 1911 – 5 December 2002) was a Burmese politician and military commander who served as Prime Minister of Burma from 1958 to 1960 and 1962 to 1974, and also President of Burma ...

military government A military government is generally any form of government that is administered by military forces, whether or not this government is legal under the laws of the jurisdiction at issue, and whether this government is formed by natives or by an occup ...

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