Daily Report 2016-05-20.pdf
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Mongolian Economic Indicators Indicator Date Last Δ%YoY NGDP /bln. MNT/ 3/31/2016 4,706 2.00 RGDP /bln.MNT/ 3/31/2016 2,938 3.10 Inflation 4/30/2016 2.1 -77.17 Foreign reserve /mln. USD/ 3/31/2016 1,168.3 -2.16 Policy rate 5/5/2016 10.50 -2.50 Trade balance /mln. USD/ 4/30/2016 124.70 196.90 Unemployment rate 12/31/2015 8.30 7.80 FX Market Currency Last Δ%DoD Δ%WoW Δ%MoM USD/MNT 2,000.00 -0.10 0.53 -0.90 CNY/MNT 305.49 -0.08 0.70 0.27 RUB/MNT 30.03 -0.33 2.23 1.24 EUR/MNT 2,239.83 -0.07 1.44 -0.06 JPY/MNT 18.18 -0.07 1.74 -0.79 EUR/USD 1.1200 -0.03 -0.96 -0.86 USD/JPY 109.98 -0.02 -1.23 -0.13 Debt Markets Bonds - Coupon Amt. issued mln USD Last Yield Maturity date DBM bond - 5.75 580 98.50 7.645 3/21/2017 DBM bond - 1.52 samurai 273 103.37 1.032 12/25/2023 Mongol 2018 - 4.125 500 95.90 6.500 1/5/2018 Mongol 2022 - 5.125 1,000 81.08 8.916 12/5/2022 Mongol 2018 - 7.5 dim sum 153 90.12 12.525 6/30/2018 Mongol 2021- 10.875 500 103.91 9.722 4/6/2021 TDBM 2017 - 10 dim sum 107 99.06 10.897 1/21/2017 TDBM bond - 9.375 500 95.63 10.753 5/19/2020 MMC bond - 8.875 600 19.88 334.160 3/29/2017 World Indices Δ%DoD ΔYTD% MSE - TOP 20 MN 10,966.33 -0.16 -14.97 DJIA US 17,435.40 -0.52 0.06 S&P 500 US 2,040.04 -0.37 -0.19 S&P/TSX comp US 13,817.32 -0.06 6.21 FTSE 100 UK 6,053.35 -1.82 -3.03 S&P/ASX 200 AUS 5,338.40 0.28 0.80 Hang Seng CN 19,694.33 -0.67 -10.13 MICEX/ Moscow Index 50 RUS 1,891.52 -1.34 7.39 Shanghai Composite Index RUS 2,806.91 -0.02 -20.69 Bloomberg/Asia Pacific. World ASIA 163.94 -0.02 -10.01 Commodity Prices Δ%DoD ΔYTD% Copper Spot /LME 4,593.75 -0.64 -2.38 Oil 48.60 0.91 31.21 Gold Spot /LME 1,255.80 0.08 18.35 Silver Spot /LME 16.52 0.20 19.28 USD Δ%MoM ΔYTD% Iron Ore 58%/Tianjin 59.58 7.31 50.45 Prime Coking Coal/China Import 63.00 -5.97 1.61 Prime Coking Coal China Import from Mongolia price 32.00 0.00 -8.57 Source: Bloomberg Finance L.P. Commodity USD Performance Daily Report 5/20/2016 Index Country Last Performance News Mongolia, South Korea agree to bolster development cooperation The leaders of South Korea and Mongolia agreed Thursday to seek an increase in flights between the two nations and expand cooperation in the latter's infrastructure construction and overall economic development. Mongolian President Ts.Elbegdorj and his South Korean counterpart Park Geun-hye signed three memorandums of understanding on strengthening bilateral economic cooperation and another on cooperation in the sports sector. http://akipress.com/news:577359/ Additional shares of "Euroasia Capital Holdings" JSC registered at MSE According to the Company Law of Mongolia, Listing Rule of MSE, materials and documents of “Eurasia Capital Holdings” JSC to issue additional shares, Mongolian Stock Exchange registered additional 50,000,000 shares at MNT100 per share and amended total shares outstanding to 52,270,792 shares at MNT100 per share. http://mse.mn/Newsmore/en/event/3306 SouthGobi Resources has not received any formal notice from the Government of Mongolia SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) notes recent Mongolian media reports in connection with a reported settlement of a US$16.5 million residual financial penalty against its wholly owned subsidiary, SouthGobi Sands LLC, arising out of a judgment of the Mongolian Second District Criminal Court of Justice in February 2015. The Company has not received any formal notice from the Government of Mongolia in relation to any settlement proposal. The Company will make a further announcement should there be development of the matter. Southgobi Resources Ltd. News Releases BoM holds FX auction On the Foreign Exchange Auction held on May 19th, 2016, the BOM has received buying bid offers of USD 4.0 million in a rate between MNT 1993.00-2000.00, buying bid offers of CNY 7.0 million in a rate between MNT 304.00-305.15 respectively. The BOM did not accept any bid offers. https://www.mongolbank.mn/eng/news.aspx?id=182 World news Copper Falls to Three-Month Low on Fed Concerns, China Outlook Copper futures touched the lowest in three months amid renewed concerns that the Federal Reserve will soon boost U.S. interest rates and mounting speculation that demand will slow in China, the world’s biggest metals consumer. Most industrial metals will probably continue to weaken owing to a combination of excess supply and soft demand, Goldman Sachs Group Inc. said in a report. http://www.bloomberg.com/news/articles/2016-05-19/industrial-metals-extend- declines-on-china-outlook-dollar Wall St. falls on Fed rate hike worry The S&P 500 fell to its lowest level since March on Thursday as Wall Street became more worried that the U.S. Federal Reserve might raise interest rates as early as June. The Dow Jones industrial average fell 91.42 points, or 0.52 percent, to 17,435.2, the S&P 500 lost 7.61 points, or 0.37 percent, to 2,040.02 and the Nasdaq Composite dropped 26.59 points, or 0.56 percent, to 4,712.53. http://www.reuters.com/article/us-usa-stocks-idUSKCN0YA1FI NEWS & UPDATES Coal/China Import Iron ore Coal/China Import from Mongolia Copper Gold Oil
Transcript of Daily Report 2016-05-20.pdf
Mongolian Economic Indicators
Indicator Date Last Δ%YoY
NGDP /bln. MNT/ 3/31/2016 4,706 2.00
RGDP /bln.MNT/ 3/31/2016 2,938 3.10
Inflation 4/30/2016 2.1 -77.17
Foreign reserve /mln. USD/ 3/31/2016 1,168.3 -2.16
Policy rate 5/5/2016 10.50 -2.50
Trade balance /mln. USD/ 4/30/2016 124.70 196.90
Unemployment rate 12/31/2015 8.30 7.80
FX Market
Currency Last Δ%DoD Δ%WoW Δ%MoM
USD/MNT 2,000.00 -0.10 0.53 -0.90
CNY/MNT 305.49 -0.08 0.70 0.27
RUB/MNT 30.03 -0.33 2.23 1.24
EUR/MNT 2,239.83 -0.07 1.44 -0.06
JPY/MNT 18.18 -0.07 1.74 -0.79
EUR/USD 1.1200 -0.03 -0.96 -0.86
USD/JPY 109.98 -0.02 -1.23 -0.13
Debt Markets
Bonds - Coupon
Amt.
issued mln
USD
Last YieldMaturity
date
DBM bond - 5.75 580 98.50 7.645 3/21/2017
DBM bond - 1.52 samurai 273 103.37 1.032 12/25/2023
Mongol 2018 - 4.125 500 95.90 6.500 1/5/2018
Mongol 2022 - 5.125 1,000 81.08 8.916 12/5/2022
Mongol 2018 - 7.5 dim sum 153 90.12 12.525 6/30/2018
Mongol 2021- 10.875 500 103.91 9.722 4/6/2021
TDBM 2017 - 10 dim sum 107 99.06 10.897 1/21/2017
TDBM bond - 9.375 500 95.63 10.753 5/19/2020
MMC bond - 8.875 600 19.88 334.160 3/29/2017
World Indices
Δ%DoD ΔYTD%MSE - TOP 20 MN 10,966.33 -0.16 -14.97
DJIA US 17,435.40 -0.52 0.06
S&P 500 US 2,040.04 -0.37 -0.19
S&P/TSX comp US 13,817.32 -0.06 6.21
FTSE 100 UK 6,053.35 -1.82 -3.03
S&P/ASX 200 AUS 5,338.40 0.28 0.80
Hang Seng CN 19,694.33 -0.67 -10.13
MICEX/ Moscow Index 50 RUS 1,891.52 -1.34 7.39
Shanghai Composite Index RUS 2,806.91 -0.02 -20.69
Bloomberg/Asia Pacific. World ASIA 163.94 -0.02 -10.01
Commodity Prices
Δ%DoD ΔYTD%
Copper Spot /LME 4,593.75 -0.64 -2.38
Oil 48.60 0.91 31.21
Gold Spot /LME 1,255.80 0.08 18.35
Silver Spot /LME 16.52 0.20 19.28
USD Δ%MoM ΔYTD%
Iron Ore 58%/Tianjin 59.58 7.31 50.45
Prime Coking Coal/China Import 63.00 -5.97 1.61
Prime Coking Coal China Import
from Mongolia price 32.00 0.00 -8.57
Source: Bloomberg Finance L.P.
Commodity USDPerformance
Daily Report5/20/2016
Index Country LastPerformance
News Mongolia, South Korea agree to bolster development cooperation The leaders of South Korea and Mongolia agreed Thursday to seek an increase in flights between the two nations and expand cooperation in the latter's infrastructure construction and overall economic development. Mongolian
President Ts.Elbegdorj and his South Korean counterpart Park Geun-hye signed three memorandums of understanding on strengthening bilateral economic cooperation and another on cooperation in the sports sector.
http://akipress.com/news:577359/ Additional shares of "Euroasia Capital Holdings" JSC registered at MSE According to the Company Law of Mongolia, Listing Rule of MSE, materials and documents of “Eurasia Capital Holdings” JSC to issue additional shares, Mongolian Stock Exchange registered additional 50,000,000 shares at MNT100 per share and amended total shares outstanding to 52,270,792 shares at MNT100 per share. http://mse.mn/Newsmore/en/event/3306 SouthGobi Resources has not received any formal notice from the Government of Mongolia SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) notes recent Mongolian media reports in connection with a reported settlement of a US$16.5 million residual financial penalty against its wholly owned subsidiary, SouthGobi Sands LLC, arising out of a judgment of the Mongolian Second District Criminal Court of Justice in February 2015. The Company has not received any formal notice from the Government of Mongolia in relation to any settlement proposal. The Company will make a further announcement should there be development of the matter. Southgobi Resources Ltd. News Releases BoM holds FX auction
On the Foreign Exchange Auction held on May 19th, 2016, the BOM has received buying bid offers of USD 4.0 million in a rate between MNT 1993.00-2000.00, buying bid offers of CNY 7.0 million in a rate between MNT 304.00-305.15 respectively. The BOM did not accept any bid offers.
https://www.mongolbank.mn/eng/news.aspx?id=182 World news
Copper Falls to Three-Month Low on Fed Concerns, China Outlook Copper futures touched the lowest in three months amid renewed concerns that
the Federal Reserve will soon boost U.S. interest rates and mounting speculation that demand will slow in China, the world’s biggest metals consumer. Most industrial metals will probably continue to weaken owing to a combination of excess supply and soft demand, Goldman Sachs Group Inc. said in a report.
http://www.bloomberg.com/news/articles/2016-05-19/industrial-metals-extend-declines-on-china-outlook-dollar Wall St. falls on Fed rate hike worry The S&P 500 fell to its lowest level since March on Thursday as Wall Street became more worried that the U.S. Federal Reserve might raise interest rates as early as June. The Dow Jones industrial average fell 91.42 points, or 0.52 percent, to 17,435.2, the S&P 500 lost 7.61 points, or 0.37 percent, to 2,040.02 and the Nasdaq Composite dropped 26.59 points, or 0.56 percent, to 4,712.53. http://www.reuters.com/article/us-usa-stocks-idUSKCN0YA1FI
NEWS & UPDATES
Coal/China Import
Iron ore
Coal/China Import from Mongolia
Copper
Gold
Oil
20 May 2016 2
MONGOLIA RELATED COMPANIES
Company NameClosing
PriceCurrency %ΔDoD YTD %
Daily Traded
value USD
Traded
Volume Day
Avg. 5 day traded
volume
Market cap
mln USD52w high 52w low Industry
Rio Tinto 28.790 USD 1.16 -1.13 157,024,600 5,533,688 4,034,427 53,428.51 45.340 21.885 Metals & Mining
Banpu 12.100 THB -2.42 -0.20 4,083,664 11,957,300 33,289,640 1,313.08 21.027 10.911 Oil, Gas & Consumable Fuels
Turquoise Hill Resources 2.830 USD 2.17 11.42 5,041,693 1,795,060 2,503,685 5,694.85 4.700 1.550 Metals & Mining
Areva 3.960 EUR -2.25 -26.99 181,087 40,102 20,911 1,699.70 9.350 3.260 Electrical Equipment
Mongolian Mining Corporation 0.099 HKD 0.00 -43.43 858,978 64,354,500 24,836,300 118.07 0.560 0.026 Metals & Mining
Centerra Gold 7.580 CAD -0.26 15.02 11,638,460 1,535,116 1,176,721 1,834.43 8.670 5.510 Metals & Mining
SouthGobi Resources 1.520 HKD -3.16 -36.67 112,615 582,850 70,610 50.43 6.830 1.240 Oil, Gas & Consumable Fuels
Mongolia Energy Corporation 0.178 HKD 0.00 0.56 14,670 641,500 333,910 40.95 0.640 0.107 Oil, Gas & Consumable Fuels
Denison Mines 0.506 USD 1.34 1.57 105,808 216,981 278,419 262.23 0.878 0.350 Oil, Gas & Consumable Fuels
Genie Energy 7.230 USD -0.69 -34.18 390,476 54,095 38,812 178.07 14.748 6.271 Electric Utilities
Central Asia Metals 162.000 GBp 0.93 5.62 81,745 34,457 23,639 264.17 195.000 121.250 Metals & Mining
Entrée Gold 0.327 USD 2.25 38.72 22,326 72,011 77,198 49.90 0.455 0.170 Metals & Mining
Xanadu Mines 0.230 AUD 0.00 109.09 12,025 73,442 97,434 74.27 0.250 0.073 Metals & Mining
Guildford coal / Terra Energy 0.004 AUD 0.00 -42.86 125 43,388 4,021,114 6.94 0.042 0.002 Oil, Gas & Consumable Fuels
Khan Resources 0.670 USD 2.95 168.79 3,349 5,000 68,450 56.35 0.670 0.237 Oil, Gas & Consumable Fuels
Aspire Mining 0.005 AUD 0.00 -37.50 49,675 11,458,395 2,313,706 3.36 0.026 0.005 Metals & Mining
Prophecy Coal 0.020 CAD 0.00 -42.86 19,279 1,675,000 264,523 5.59 0.075 0.010 Oil, Gas & Consumable Fuels
Petro Matad Ltd 3.125 GBp 15.74 0.00 0 19,404,994 3,788,837 13.12 9.875 1.875 Oil, Gas & Consumable Fuels
Mongolia Growth Group Ltd 0.400 CAD 0.00 17.65 0 25,500 41,823 20.73 1.120 0.330 Real Estate Management
Erdene Resources Development 0.475 CAD 0.00 187.50 253,287 763,173 502,883 40.39 0.550 0.110 Metals & Mining
General Mining Corp Ltd 0.605 AUD -0.82 137.25 61,249 139,713 1,102,149 136.34 0.735 0.038 Metals & Mining
Kincora Copper 0.030 CAD 0.00 50.00 7,861 400,000 57,930 7.20 0.040 0.015 Metals & Mining
Haranga Resources 0.002 AUD 0.00 -50.00 58 40,000 28,000 0.56 0.020 0.002 Metals & Mining
Wolf Petroleum 0.007 AUD 0.00 0.00 - - - 0.00 0.024 0.004 Oil, Gas & Consumable Fuels
Viking Mines 0.019 AUD 0.00 18.75 794 57,801 140,000 3.29 0.028 0.008 Metals & Mining
Parmelia Resources 0.072 AUD 4.17 66.67 783 15,000 69,121 6.52 0.098 0.020 Metals & Mining
Altan Rio Minerals 0.015 CAD 0.00 50.00 92 8,000 8,528 1.02 0.030 0.010 Metals & Mining
Eumeralla Resources 0.026 AUD 0.00 16.87 2,387 127,000 - 1.86 0.037 0.019 Metals & Mining
Draig Resources 0.024 AUD 0.00 -3.21 1,322 76,625 52,430 1.85 0.035 0.015 Metals & Mining
Source: Bloomberg
MONGOLIAN STOCK MARKET - MSE TOP 20 INDEX 19/05/2016
Company name
Closing
Price
MNT
%ΔDoD %ΔYTDLast Traded
date
Daily Traded
value USD
Traded
volume Day
Avg. 5 day value
USD
Market Cap
USD
52w
high MNT
52w low
MNTIndustry
MSE TOP 20 Index 10,984 -1.05 -14.97 5/19/2016 6,989 4,227 5,983 343,823,625 15,862 10,485 MSE Top 20 Index
APU JSC 3,677 -3.34 -6.31 5/19/2016 2,850 1,550 201 135,575,053 4,040 3,252 Beverages-Wine/Spirits
Arig Gal JSC 2,250 2.32 -4.26 5/19/2016 1,204 1,070 - 3,914,235 2,700 1,900 Wool
Baganuur JSC 2,750 -3.00 11.34 5/19/2016 124 90 - 28,839,745 3,310 1,350 Coal
Bayangol Hotel JSC 37,500 0.00 -21.88 5/5/2016 - - - 10,111,254 52,000 37,500 Hotels&Motels
BDSec JSC 1,550 0.00 -20.06 5/12/2016 - - - - 2,000 1,300 Finance-Invest Bnkr/Brkr
Hermes Center JSC 115 0.00 -6.50 5/17/2016 - - - 5,105,295 149 105 Retail-Misc/Diversified
Gobi JSC 7,500 -0.92 -11.56 5/19/2016 270 72 2 29,254,219 12,000 7,500 Apparel Manufacturers
Darkhan Nekhii JSC 15,120 0.00 -17.15 5/19/2016 1,043 138 - 10,225,681 24,040 15,100 Apparel Manufacturers
Jenco Tour Bureau 72 0.00 -4.00 5/13/2016 - - - 3,600,000 100 65 Travel Services
Makh Impex 2,350 0.00 -17.25 5/12/2016 49 42 - 6,081,154 3,650 2,300 Food-Meat Products
Merex JSC 70 0.00 -5.41 5/16/2016 - - - - 93 68 Bldg Prod-Cement/Aggreg
Tavan Tolgoi JSC 1,390 0.72 -52.54 5/19/2016 265 382 - 36,865,640 4,350 100 Coal
Talkh Chikher JSC 17,000 0.00 -2.19 5/19/2016 961 113 - 8,701,476 21,000 15,000 Food-Baking
UB-BUK JSC 29,980 0.00 -24.29 5/17/2016 - - - 19,732,125 40,200 25,000 Bldg Prod-Cement/Aggreg
State Department Store JSC 500 0.00 -5.66 5/19/2016 186 745 - 9,201,963 885 453 Retail-Misc/Diversified
HB Oil JSC 336 0.00 -7.14 4/15/2016 - - - - 500 330 Oil Refining&Marketing
Khukh Gan JSC 56 0.00 -25.33 5/12/2016 - - - 2,836,892 145 55 Metal-Diversified
Sharyn Gol JSC 3,500 0.00 -9.14 5/16/2016 - - - 17,904,931 8,600 2,000 Coal
Shivee Ovoo JSC 2,994 -0.83 -15.55 5/19/2016 37 25 - 19,960,913 5,870 2,190 Coal
E- Trans Logistics JSC 90 0.00 -25.00 4/15/2016 - - - - 130 86 Transport-Services
Source: Bloomberg
Gainers: % Latest News:
Petro Matad Ltd 15.74 Shell issues exit notice from Block IV and V production
Parmelia Resources 4.17 No news
Losers:
APU JSC -3.34 Listing amendment made to APU: total shares were changed to 742,877,000 shares at MNT0.1 per share.
SouthGobi Resources -3.16 The Company has not received any formal notice from the Government of Mongolia in relation to any settlement proposal.
320 May 2016
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