

Mongolian Stock Exchange
- Legal Name
- Mongolian Stock Exchange
- Company Type
- Public Company
- Listing
- MSE: MSE
- Industry
- Other
- Founded
- 1991
- Market Cap
- MNT 128B
- CEO
- Munkhbat D
- Website
- www.mse.mn
- Coverage
- CMM Verified
Established in 1991 by government degree, the Mongolian Stock Exchange (MSE) serves as the country's principal platform for securities and mining commodities trading. Originally created to facilitate Mongolia's post-transition privatization program, MSE has since evolved into a cornerstone of the national capital market. A landmark strategic partnership with the London Stock Exchange Group in 2011 accelerated the adoption of international-standard trading infrastructure and technology. This modernization culminated in FTSE Russell's classification as a "Frontier Market" in 2023, a milestone signaling growing institutional credibility and accessibility to global investors. Today, the MSE is mandated to ensure market transparency, uphold listed company oversight, and safeguard investor interests, positioning it as a critical gateway to one of Asia's last underpenetrated frontier economies.
| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 12.1B | 13.5B | 10.7B |
| Gross Profit | 8.2B | 8.3B | 4.8B |
| Operating Expenses (SG&A) | 2.2B | 3.3B | 3.0B |
| Net Profit | 9.3B | 34.1B | 31.8B |