Mongolia’s capital market recorded 18.6 billion MNT in total trading value during the week of June 22 to June 28, 2026. A total of 12.4 million securities changed hands across the Mongolian Stock Exchange during that period. Furthermore, MGL Aqua JSC, Khan Bank JSC, and Tenger Insurance JSC led trading activity by value. Consequently, five block trades totaling several billion MNT also executed across multiple listed companies.
Index performance across the capital market showed mixed results during the week. The TOP-20 index rose 2.25 percent to reach 52,527.04 units, reflecting strong demand for large-cap stocks. Additionally, the MSE A index gained ground, indicating sustained buying interest in mid-cap companies. However, the MSE B index declined slightly amid profit-taking, while the FTI index dropped 2.83 percent.
Meanwhile, the Bank of Mongolia held its policy rate unchanged at 12.0 percent following its June Monetary Policy Committee meeting. Annual inflation reached 11.2 percent nationwide and 11.0 percent in Ulaanbaatar specifically. The central bank attributed price increases primarily to supply-side factors including fuel and food price rises. Furthermore, it described current inflation as temporary, with core inflation remaining relatively stable throughout recent months.
The Bank of Mongolia also noted that China’s stronger-than-expected economic growth positively supports Mongolia’s export outlook. High global gold and copper prices additionally benefit Mongolia’s terms of trade considerably. Nevertheless, the central bank warned that geopolitical risks, weather conditions, and animal diseases could sustain price pressures longer than anticipated. Going forward, future policy decisions will depend heavily on inflation trends and global commodity market developments.
Parliament also approved a significant tax reform package during its spring session, effective January 1, 2027. Monthly personal income up to 792,000 MNT will become tax-exempt under the new rules. Additionally, the VAT registration threshold rises dramatically from 50 million to 400 million MNT. Bayanteeg JSC also announced additional dividends of 3,960 MNT per share, while Erdene Resource Development updated its share registration to reflect 65,356,722 total shares.
