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 name Companies Number of listed stock 1 BCEL BANQUE POUR LE COMMERCE EXTERIEUR LAO PUBLIC 207,723,300 2 EDL-Gen EDL Generation Public Company 1,679,303,697 3 LWPC LAO WORLD PUBLIC COMPANY 39,560,909 4 PTL Petroleum Trading Lao Public Company 235,000,000 5 SVN Souvanny Home Center Public Company 165,000,000 6 PCD Phousy Construction and Development Public Company 582,000,000 7 LCC Lao Cement Public Company 40,004,000 8 MHTL Mahathuen Leasing Public Company 40,000,000 9 LAT Lao Agrotech Public Company 100,000,000 10 VCL Vientiane Center Lao Public Company 147,199,900 11 LALCO Lao ASEAN Leasing Public Company 301,500,000
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.
See also List of ASEAN stock exchanges by market capitalization
References