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Lao Securities Exchange

FieldValue
nameLao Securities Exchange
image[[File:Vientiane Stock Exchange.jpg200px]]
typeStock exchange
cityVientiane
countryLaos
foundation11 January 2011
key_peopleDethphouvang Moularat Chairman
currencyLao Kip
listings11
volume1.11 trillion kip 12/04/2018 $128.62 Million
homepage

The Lao Securities Exchange (LSX) is the primary stock exchange in Laos, located in the capital Vientiane. Companies on the LSX have raised more than LAK 6.7 trillion (approximately US$750 million)

History

In 2010, the Lao government sought technical and financial support from South Korea (Korea Exchange has a 49-percent stake in the LSX), as well as advice from neighbouring Thailand, to help build the exchange.

The glass-building cost $10 million to build. It began operations on 11 January 2011.

Companies

There are currently 11 listed companies on the stock exchange:

No.Issue nameCompaniesNumber of listed stock
1BCELBANQUE POUR LE COMMERCE EXTERIEUR LAO PUBLIC207,723,300
2EDL-Genurl=https://web.archive.org/web/20200229045435/http://www.edlgen.com.la/?lang=endate=2020-02-29 }}1,679,303,697
3LWPCLAO WORLD PUBLIC COMPANY39,560,909
4PTLPetroleum Trading Lao Public Company235,000,000
5SVNSouvanny Home Center Public Company165,000,000
6PCDPhousy Construction and Development Public Company582,000,000
7LCCLao Cement Public Company40,004,000
8MHTLMahathuen Leasing Public Company40,000,000
9LATLao Agrotech Public Company100,000,000
10VCLVientiane Center Lao Public Company147,199,900
11LALCOLao ASEAN Leasing Public Company301,500,000

Trading times

Trading takes place from Monday t Friday with the following trading times:

  • Pre-open: 08:30 to 09:00
  • Open: 09:00 to 14:50
  • Closing auction: 14:50 to 15:00
  • Close: 15:00

These times exclude public holidays.

References

References

  1. "LSX - Lao Securities eXchange".
  2. Kang, Taejun. (2019-11-28). "Lao Stock Exchange Sees Steady Growth".
  3. (June 30, 2012). "AFP: Communist Laos opens new stock exchange".
  4. (11 January 2011). "Laos Launches Stock Exchange - WSJ". Wall Street Journal.
  5. "FT.com / FT Trading Room / Developing Markets & Asia - Laos Securities Exchange to start trading".
  6. "LSX - Lao Securities eXchange".
Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

economy-of-laos stock-exchanges-in-southeast-asia financial-services-companies-established-in-2011
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