Lao Securities Exchange
| Type | |
|---|---|
| Location | Vientiane, Laos |
| Founded | 11 January 2011 |
| Key people | Dethphouvang Moularat Chairman |
| Currency | Lao Kip |
| No. of listings | 4 |
| Volume | 2.14 billion kip ($265,000) First day |
| Website | www.lsx.com.la |
The Lao Securities Exchange (LSX) is the primary in Laos, located in the capital Vientiane.
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.
There are currently five listed companies on the stock exchange: - EDL Generation-Public Company, which is a subsidiary of the state owned energy company, Electricite du Laos, Banque Pour Le Commerce Exterieur Lao (BCEL), the largest bank in Laos, Lao World, a property service company, Petroleum Trading Lao PCL and Souvanny Home Trading Public Company.
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