WORLD INDICES

Change %
(Day)
YTD change %
MSE - Top20 MN 15,591.81 0.85 -4.36
DJIA US 17,195.42 1.30 3.73
S&P 500 US 1,994.65 0.62 7.91
Nasdaq US 4,566.14 0.37 9.33
S&P/TSX comp CN 14,458.69 -0.47 6.15
FTSE 100 UK 6,463.55 0.15 -4.23
S&P/ASX 200 US 5,509.40 0.61 2.94
Hang Seng HK 23,913.69 0.89 2.61
Bloomberg/asia.pac ASIA 175.51 0.83 4.38
COMMODITY PRICES
Change %
(Day)
YTD change %
Prime Coking Coal /Tianjin 140.71 0.00 -26.50
Zinc Spot /LME 2,307.50 0.16 12.40
Iron Ore 58%/Tianjin
Copper Spot /LME 6,807.00 -1.21 -7.71
Oil 81.01 -0.14 -17.69
Gold Spot /LME 1,201.60 0.23 0.00
Silver Spot /LME 16.51 0.09 -15.19
MONGOLIAN ECONOMIC INDICATORS
Date Last
YoY change
%
RGDP /bln. MNT/ 2014.07 9,857 5.3
NGDP /bln.MNT/ 2014.07 6,635 14.6
Inflation 2014.07 14.9
Foreign reserve /mln. USD/ 2014.06 1,317.5 -57.6
Policy rate July 31 ,2014 12.00
DEBT MARKET
Bonds - Coupon
Amt.
issued mln
USD
Last Yield Maturity date
DBM bond - 5.75 580 98.00 6.669 3/21/2017
MMC bond - 8.875 600 64.00 31.263 3/29/2017
Mongol 2018 - 4.125 500 95.46 5.515 1/5/2018
Mongol 2022 - 5.125 1,000 89.85 6.678 12/5/2022
TDBM 2015 - 8.5 300 99.52 9.060 9/20/2015
TDBM 2015 - 12.5 25 97.25 15.181 11/17/2015
TDBM 2017 - 10 dim sum 115 98.27 10.501 1/21/2017
DBM bond - 1.52 sam. 290 103.54 1.104 12/25/2023
INDICES CHANGE
MSE TOP 5 MOST TRADED
Trade value '000
MONGOLIAN RELATED NEWS
Mongolia and China signed MoU
Mongolia and China signed a Memorandum of Understanding on setting up a regular mechanism of
cooperation between the State Great Khural of Mongolia and the Standing Committee of Chinas
National Peoples Congress. It was signed during the official visit of the Speaker of the State Great
Khural of Mongolia Z. Enkhbold to China. Speaking after signing the document Mr Z.Enkhbold said
the MoU is of great importance in the inter-parliamentary relations of the two countries. He also
appreciated that the relations between Mongolia and China have been expanding in all spheres and
that a trust has been deepening, noting that friendly relations with China are always a priority in
Mongolias foreign policy. Mr Zhang Dejiang said the mutual interactions of Mongolia and China have
been becoming more regular, and that there are cooperation opportunities letting the two countries
act complementary for each other. He also expressed preparedness to promote Mongolias
development by being sincere and supportive through coordinating the action with advantages of
Chinas development strategies. Mr Zhang noted the need to closely study the approaches to
coordinate the Chinese 'Silk Road Economic Zone' initiative with the Mongolian 'Steppe Road'
initiative, and the ways of establishing an economic corridor China-Mongolia-Russia.
http://vom.mn/d/6974
Mongolia addressed plenary meeting of the Second Committee on agricultural development
and food security
A Mongolian Government representative to the 69th session of the UN GA Ms O.Enkhtsetseg
addressed a plenary meeting of the Second Committee on agricultural development and food
security. Ms O.Enkhtsetseg exposed Mongolia's intention to reduce a number of people with nutrition
deficiency by six times against 1990 by 2015 as reflected in the Millennium Development Goals. She
also highlighted an importance of the a document supposed to be adopted during the Second
International Conference on Nutrition (ICN) which will run in Rome this November.
http://vom.mn/d/6975
GLOBAL NEWS
U.S. Asia Stocks Rise, Extend Weekly Gain, as U.S. Growth Improves
Asian stocks rose after the U.S. economy grew faster than forecast and amid a report that Japans
$1.2 trillion Government Pension Investment Fund will increase holdings of equities. The MSCI Asia
Pacific Index (MXAP) climbed 0.4 percent to 140.82 as of 9:01 a.m. in Tokyo, before markets opened
in China and Hong Kong. The gauge has advanced 2.4 percent this week, the first back-to-back
weekly gains since August, after the Federal Reserve said it will end its quantitative easing program
as the worlds largest economy strengthens. The American economy expanded at a more-than-
estimated annualized rate of 3.5 percent last quarter, capping its strongest six months in a decade,
while other data showed fewer Americans filed applications for unemployment benefits over the past
month than at any time in more than 14 years. Stronger than expected U.S. GDP growth was good
enough to remind investors that the early stages of rate increase cycles are usually good times for
stock markets, said Ric Spooner, Sydney-based chief market analyst at CMC Markets Plc. Its
providing a solid end to the trading week. Japans Topix index gained 1.1 percent. The nations
public pension fund, the worlds largest, will today boost its allocation targets for local and foreign
stocks to 25 percent each, and reduce domestic debt to 35 percent, the Nikkei newspaper reported.
Australias S&P/ASX 200 Index rose 0.5 percent. South Koreas Kospi index advanced 0.2 percent
and New Zealands NZX 50 Index added 0.5 percent.
http://www.bloomberg.com/news/2014-10-31/asia-stocks-rise-extend-weekly-gain-as-u-s-growth-
improves.html
Centerra Gold Announces Correction to Ex-Dividend Date for Quarterly Dividend
Centerra Gold Inc. (CG) announces a correction to the ex-dividend date for its previously announced
quarterly dividend of Cdn $0.04 per share payable on November 27, 2014. Due to Remembrance
Day, the ex-dividend date will be November 10, 2014 (not November 11, 2014, as previously
announced). The dividend is an eligible dividend for Canadian income tax purposes. Centerra is a
gold mining company focused on operating, developing, exploring and acquiring gold properties
primarily in Asia, the former Soviet Union and other markets worldwide. Centerra is a leading North
American- based gold producer and is the largest Western-based gold producer in Central Asia.
Centerra's shares trade on the Toronto Stock Exchange (TSX) under the symbol CG. The Company
is headquartered in Toronto, Ontario, Canada.
http://www.marketwatch.com/story/centerra-gold-announces-correction-to-ex-dividend-date-for-
quarterly-dividend-2014-10-30-161734553
2014-10-31
31 October 2014
Daily Report
Performance
Last Country Index
Indicator
Performance
Last
USD
Commodity
NEWS & ANALYSIS
-4.36
3.73
9.33
6.15
-4.23
2.94
2.61
-4.58
-2.39
YTD %
0.85
1.30
0.37
-0.47
0.15
0.61
0.89
0.35
1.56
MSE - Top20
DJIA
Nasdaq
S&P/TSX comp
FTSE 100
S&P/ASX 200
Hang Seng
DAX
Nikkei 225
Change % (Day)
160
352
22
952
0 500 1,000
GOV
HRM
OLL
RMC
-0.13%
-7.82%
-7.50%
-10% -5% 0% 5%
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
20,000
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
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Volume MSETOP Index
Daily Report | 2014.10.31

31 October 2014 2
MONGOLIAN RELATED COMPANIES
Name Sym Currency Last Chg day % YTD %
Trade value 000
USD
Market cap mln
USD/
52w high 52w low
Currency
cross
Turquoise Hill TRQ US Equity USD 3.140 0.96 -4.85 8,523.3 6,318.62 4.36 3.01 1.00
Centerra Gold CG CN Equity CAD 4.680 -14.29 8.33 7,575.2 988.60 6.90 2.82 1.12
MMC 975 HK Equity HKD 0.940 -8.74 -8.74 110.7 449.07 1.43 0.48 7.76
Denison Mines Corp DML CN Equity CAD 1.050 -1.87 -18.60 1,303.2 474.24 1.95 1.03 1.12
Winsway Coking Coal Holdings Ltd 1733 HK Equity HKD 0.345 0.00 -29.59 43.6 167.85 0.60 0.31 7.76
MoEnCo 276 HK Equity HKD 0.168 0.00 -30.86 166.3 146.36 0.29 0.15 7.76
SouthGobi Resources 1878 HK Equity HKD 4.280 0.00 -37.79 6.6 103.38 9.90 3.88 7.76
Central Asia Metals PLC CAML LN Equity GBp 157.000 -1.88 11.35 6,143.1 279.63 190.00 134.75 0.63
Mongolia Investment Group Ltd 402 HK Equity HKD 0.330 1.54 13.79 17.0 285.16 0.39 0.16 7.76
Mongolia Growth Group YAK CN Equity CAD 1.450 -9.38 -36.12 40.0 45.09 3.07 1.40 1.12
North Asia Resources Holdings Ltd 61 HK Equity HKD 0.145 0.00 -20.33 28.4 75.73 0.21 0.10 7.76
Guildford Coal Ltd GUF AU Equity AUD 0.050 0.00 -39.66 3.9 37.31 0.11 0.04 1.13
Origo Partners PLC OPP LN Equity GBp 7.375 0.00 0.00 5,899.1 42.08 9.50 6.63 0.63
Entree Gold Inc ETG CN Equity CAD 0.240 -4.00 -22.58 2.9 31.52 0.52 0.24 1.12
Aspire Mining Ltd AKM AU Equity AUD 0.048 0.00 -14.29 #VALUE! 29.81 0.08 0.03 1.13
Prophecy Coal Corp PCY CN Equity CAD 0.065 0.00 -18.75 18.9 14.63 0.11 0.04 1.12
FeOre Ltd FEO AU Equity AUD 0.025 0.00 -39.02 0.6 11.68 0.08 0.03 1.13
Petro Matad Ltd MATD LN Equity GBp 2.875 -30.30 -23.33 0.0 12.85 11.50 2.00 0.63
Xanadu Mines Ltd XAM AU Equity AUD 0.100 0.00 100.00 0.0 21.33 0.18 0.03 1.13
Haranga Resources Ltd HAR AU Equity AUD 0.020 -4.76 -67.74 0.5 4.27 0.09 0.01 1.13
Wolf Petroleum Ltd WOF AU Equity AUD 0.050 0.00 -28.57 30.9 12.99 0.09 0.03 1.13
Manas Petroleum Corp MNAP US Equity USD 0.084 -11.37 22.92 0.9 14.53 0.17 0.04 1.00
Khan Resources Inc. KRI CN Equity CAD 0.380 -1.30 33.33 25.6 23.13 0.45 0.18 1.12
Voyager Resources Ltd VOR AU Equity AUD 0.002 0.00 -50.00 0.2 3.09 0.01 0.00 1.13
East Asia Minerals Corp EAS CN Equity CAD 0.015 -25.00 -62.50 2.3 1.46 0.11 0.02 1.13
Erdene Resource Development Corp ERD CN Equity CAD 0.135 12.50 -3.57 0.4 9.04 0.26 0.08 1.12
Modun Resources Ltd MOU AU Equity AUD 0.003 0.00 -25.00 4.9 4.70 0.01 0.00 1.13
Kincora Copper Ltd KCC CN Equity CAD 0.045 0.00 80.00 0.5 12.46 0.09 0.02 1.12
General Mining Corp Ltd GMM AU Equity AUD 0.008 0.00 -52.94 0.7 0.95 0.02 0.01 1.13
Draig Resources Ltd DRG AU Equity AUD 0.013 0.00 -62.86 0.0 0.76 0.04 0.01 1.13
Newera Resouces Ltd NRU AU Equity AUD 0.002 0.00 -66.67 0.9 2.08 0.01 0.00 1.13
Blina Minerals NL BDI AU Equity AUD 0.002 0.00 100.00 4.4 2.62 0.00 0.00 1.13
Source: Bloomberg
MONGOLIAN STOCK MARKET
30 October 2014 13 JSC's 11,259 shares worth 4.24 mln MNT have been traded.
TOP20 index was 15,591.81 0.85% YTD -4.36%
Company name Trade volume
Trade value
'000
Last Chg day Chg day %
Buy
volume
Buy price Sell price Sell volume
APU 52
198
3800 90 2.43% 322 3721 3799 50
BAN 9
34
3799 0 0.00% 100 3550 3799 50
GOV 20
160
7990 -10 -0.13% 10 7800 7990 80
HRM 2,135
352
165 -14 -7.82% 7865 165 178 1068
OLL 200
22
111 -9 -7.50% 2788 105 111 12204
RMC 8,350
952
114 2 1.37% 115 112 114 6970
TCK 10
200
20000 -20 -0.10% 3 19500 19950 199
UYN 27
27
1002 0 0.00% 19 1002 1100 83
DHU 76
380
5000 0 0.00% 24 5000 5400 5
MIE 85
1,411
16600 -900 -5.14% 165 16600 17500 36
MMX 65
242
3719 69 1.89% 10 3700 3840 39
MUD 30
240
8000 0 0.00% 10 8000 0 0
MRX 200
20
100 0 0.00% 1000 98 100 19170
Change day
30 day graphic
3
1
2013.06 2702.1
2013.06 7591
13606.65
3800
31 October 2014
Diclaimer
This document has been prepared by the investment banking division of Golomt Bank for information purpose only. The views
expressed are the views of the analyst and are subject to change based on market and other conditions and factors. The
information provided does not constitute investment advice or other recommendations and should not be relied on as such. It
should not be considered a solicitation to buy or an offer to sell a security or to pursue any trading or investment strategy. All
material, including information sourced from or attributed to Golomt Bank, has been obtained from sources believed to be
reliable, but its accuracy is not guaranteed. Past performance is no guarantee for future results. Accordingly you must
independently determine, with your own advisors, the appropriateness for you of the securities/transactions before investing
or transacting.
Investment Banking Division of Golomt Bank

The principal activities of Investment Banking Division constitute structuring, sourcing, negotiating and closing debt and equity
financings as well as the provision of incisive advisory services for private and public companies as well as institutions, public sector
agencies and authorities.

Our vision is to fuel the profitable growth of our valued clients by providing the highest-quality investment banking services, and in so
doing create an environment which will lead to long term, mutually beneficial relationships. We strive to achieve these lasting
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Contact

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