LSX Index down 4 percent in 5 days
The LSX has fallen 4.10 percent since Dec. 23, or 37.5 points in 5 trading sessions. Turnover yesterday was almost identical to the previous day's trading.
Yesterday it was US$17,973 and on Wednesday US$17,835. As for market sentiment on the low volumes there isn't any. Investors are choosing to sit on their hands and wait out the current trend. The Exchange turns one year old on January 11, so today and next Monday and Tuesday trades will be interesting to observe.
Global markets and currencies yesterday were very flat as oil tries to level out above US$103.
vientiane times
> Index falls as investors take cash position (04/01/2012)
> Good riddance to 2011 markets (03/01/2012)
> Stocks open year on sour note (03/01/2012)
> LSX year to date trading tops US$1,888,104 (30/12/2011)
> BCEL stock price hammered on very low volumes (28/12/2011)
> Exchange, banks close for New Year, reopen Jan 5 (27/12/2011)
> BCEL continues to lead the way (23/12/2011)
> Market turnover increases as index falls and BCEL heads ex dividend (22/12/2011)
> Stocks with 5 consecutive ceiling-hitting sessions (22/12/2011)
> December Index goes “W” shape with moderate recovery (21/12/2011)