LSX year to date trading tops US$1,888,104

Lao Stock Market (LSX) remains closed this week for holidays and reopens next Tuesday. Tuesday commences the final 7 trading days to the fiscal anniversary.

As at Tuesday's close of business, the index had recorded a fine YTD trade of 2,253,998 shares for US$1,888,104.

The LSX index peaked at 1864.98 points. It traded at a 52W low at 897.36 points on October 27 and on Tuesday the index closed close to its 52W low at 899.46 on thin volumes and is expected to recover. EDL-Gen last closed at 4,200 kip and BCEL at 7,250 on Tuesday.

The new year provides investors with a good platform to shrug off “price resistance” and an opportunity to spark a 10-15 percent price rally; maybe it can occur ahead of the fiscal year's close in 2 weeks' time (January 11).

vientiane times

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>   December Index goes “W” shape with moderate recovery (21/12/2011)

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