Myanmar (Yoma, Interra and Sin Heng): Aung San Suu Kyi will become a lawmaker for the first time after a victory in EU to lift sanctions and end the country’s global isolation. Suu Kyi’s party won at least 35 of 45 seats in the first vote it contested since the army discarded a 1990 victory.
The vote may open the door for the end of sanctions that prevent co’s from GE to Standard Chartered Bank from investing in the country of 64m people bordering China and India. Overall, we do not rule out a potential replay in SGX listed Myanmmar Co’s Yoma, Interra and Sin Heng, which saw heavy vol and strong interests on Fri.
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