Lao Securities Exchange

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Lao Securities Exchange
Vientiane Stock Exchange.jpg
Type Stock exchange
LocationVientiane, Laos
Founded11 January 2011
Key peopleDethphouvang Moularat Chairman
Currency Lao Kip
No. of listings11
Volume1.11 trillion kip 12/04/2018 [1] $128.62 Million
Website www.lsx.com.la

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 USD 750 million) [2]

Contents

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. [3]

The glass-building cost $10 million to build. [4] It began operations on 11 January 2011. [5]

Companies

There are currently 11 listed companies on the stock exchange: [6]

No.Issue nameCompaniesNumber of listed stock
1BCEL BANQUE POUR LE COMMERCE EXTERIEUR LAO PUBLIC 207,723,300
2EDL-Gen EDL Generation Public Company 1,679,303,697
3LWPC LAO WORLD PUBLIC COMPANY 39,560,909
4PTL Petroleum Trading Lao Public Company 235,000,000
5SVN Souvanny Home Center Public Company 165,000,000
6PCD Phousy Construction and Development Public Company 582,000,000
7LCC Lao Cement Public Company 40,004,000
8MHTL Mahathuen Leasing Public Company 40,000,000
9LAT Lao Agrotech Public Company 100,000,000
10VCL Vientiane Center Lao Public Company 147,199,900
11LALCO Lao ASEAN Leasing Public Company 301,500,000

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References

  1. "LSX - Lao Securities eXchange".
  2. Kang, Taejun (2019-11-28). "Lao Stock Exchange Sees Steady Growth". Laotian Times. Retrieved 2020-05-19.
  3. https://www.google.com/hostednews/afp/article/ALeqM5jYZhx5jMDA5gYkdUCn69YXXzqbbA?docId=CNG.a04563e50d3f1a734525adeeae758a51.6a1 [ dead link ]
  4. Hookway, James (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". Archived from the original on 2011-01-14. Retrieved 2011-01-11.
  6. "LSX - Lao Securities eXchange".

[1]

  1. "LSX - Lao Securities eXchange".