Lao Securities Exchange
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Type | Stock exchange |
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Location | Vientiane, Laos |
Founded | 11 January 2011 |
Key people | Dethphouvang Moularat Chairman |
Currency | Lao Kip |
No. of listings | 11 |
Volume | 1.11 trillion kip 12/04/2018[1] $128.62 Million |
Website | www |
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]
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 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 |
References[]
- ^ http://www.lsx.com.la/market/stock/daily.do?lang=en
- ^ Kang, Taejun (2019-11-28). "Lao Stock Exchange Sees Steady Growth". Laotian Times. Retrieved 2020-05-19.
- ^ https://www.google.com/hostednews/afp/article/ALeqM5jYZhx5jMDA5gYkdUCn69YXXzqbbA?docId=CNG.a04563e50d3f1a734525adeeae758a51.6a1
- ^ "Laos Launches Stock Exchange - WSJ".
- ^ http://www.ft.com/cms/s/0/2d309312-1cb3-11e0-a106-00144feab49a.html#axzz1AeDFzLkb
- ^ http://www.lsx.com.la/info/stock/listedCompany.do?lang=en
Categories:
- Economy of Laos
- Stock exchanges in Southeast Asia
- Financial services companies established in 2011