Erdene Resource Development Corporation

ERDN

Erdene Resource Development Corporation is a Canadian-based geology and exploration company founded in 2000 that listed on the Mongolian Stock Exchange in April 2018. The company, led by CEO Peter Ake

Golomt Bank

GLMT

Golomt Bank was established on 6 March 1995 as a subsidiary of Bodi International LLC, a major player in Mongolia's social and economic sector. It is the second-largest bank in Mongolia by total assets, serving 1.2 million customers through 107 branches.

Invescore NBFI

INV

Invescore NBFI JSC is a Mongolian non-bank financial institution founded in 2016 and listed on the Mongolian Stock Exchange in May 2019. Led by CEO Dalaijamts Bayasgalan and headquartered in Ulaanbaat

Khan Bank

KHAN

Khan Bank JSC is a Mongolian financial services company founded in 1991 and listed on the Mongolian Stock Exchange in September 2022. Headquartered in Ulaanbaatar's Khan-Uul District, the bank is led

LendMN

LEND

LendMN is a Mongolian non-bank financial institution founded in 2016 and listed on the Mongolian Stock Exchange in March 2018. Led by CEO Tserendorj Uuganbayar, the company operates from Sukhbaatar Di

Mongolian Stock Exchange

MSE

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.

Monlogistics Holding

MLG

Monlogistics Holding JSC is a transportation and logistics company founded in 2018 and listed on the Mongolian Stock Exchange in June 2022. Led by CEO Ganzorigt Khishigbat, the company is headquartere

Steppe Gold Ltd

STEP

Steppe Gold Ltd. engages in operating, developing, exploring, and acquiring precious metal projects in Mongolia and Peru, with its flagship project being the wholly owned Altan Tsagaan Ovoo property covering roughly 5,492 hectares in Ulaanbaatar, Mongolia. The company also holds the Boroo and Ulaanbulag mine property, spanning about 6,594 hectares in Mongolia, and is exploring the Uudam Khundii gold project covering 14,400 hectares in Bayankhongor province. Headquartered in Ulaanbaatar with a Toronto office, it's run by CEO Bataa Tumur-Ochir, and reported 2025 revenue of $254.1M (up 43% YoY) with net income of $32.7M

Altan Taria was founded in 1959 as a state-owned flour mill and was fully privatized in 1997. The company operates flour production, grain processing, noodle production, animal feed production, pig farming, and meat butchery and processing.

Aspire Mining Limited is an ASX-listed exploration and development company focused on discovering and developing premium coking coal deposits in Mongolia. The company owns a 100% interest in the Ovoot Coking Coal Project, a 90% interest in the Nuurstei Coking Coal Project, and a 100% interest in the Myangan Coal Project.

Goviin Undur (MSE: JGL) is a food production company headquartered in Dalanzadgad, Ömnögovi province, and has been listed on the Mongolian Stock Exchange since July 1992. Led by CEO Pandi Batbayar, wh

Grand systems JSC operates in Mongolia's hospitality and tourism sector and has been led by CEO Dashdorj Narmandakh since its founding in 2018. The company listed on the Mongolian Stock Exchange in Se

Guril is a Mongolian food and beverages company founded in 1959 and listed on the Mongolian Stock Exchange in May 1992. Headquartered in Ulaangom, Uvs aimag, the company is led by CEO Ganbold Bolortun

Ikh Barilga operates in Mongolia's hospitality and tourism sector and has been listed on the Mongolian Stock Exchange since February 1995. The company reported revenue of 1.41 billion MNT and total as