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Open Day promotes financial literacy

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Open Day promotes financial literacy

The Mongolian Stock Exchange, the Financial Regulatory Commission (FRC), the Central Securities Depository Center and the Mongolian Securities Dealers Association have jointly launched the “Stock Market and 1072 Shares” open day series across the Central Region. The initiative aims to enhance citizens’ understanding of the securities market, investment opportunities, and the 1072 shares distributed during the privatization of the Erdenes Tavantolgoi company.

The Central Region program officially commenced in Sukhbaatar city, Selenge Province, and was inaugurated by Deputy Governor J.Saintsog. The event attracted strong local participation, reflecting growing public interest in financial literacy and access to investment opportunities.

During the event, Specialist from the Financial Education and Training Department of the FRC E.Ulziisaikhan delivered an in-depth session on “Financial Education”, providing participants with practical knowledge on managing personal finances, understanding risk and making informed investment decisions.

Following the session, Senior Specialist at the Exchange P.Nyamdorj offered an overview of the fundamental concepts of the capital market and explained the historical significance of the blue and purple privatization tickets issued to citizens in 1991 as part of Mongolia’s transition to a market economy. These tickets, which entitled citizens to shares in state-owned enterprises, remain a key topic of public interest as the country continues to expand its securities market participation.

Director of Goodsek LLC U.Enkhtaivan introduced citizens to the basics of investing in the capital market and led a practical training session titled “Opportunities for Attracting Financing from the Public”. The workshop provided large enterprises and local businesses with insights into how to raise capital through public offerings and engage with potential investors effectively.

A total of approximately 410 citizens took part in the event, while around 220 participants accessed detailed information on their blue and purple ticket records through the Central Securities Depository Center’s on-site services.

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