EDL-Gen volumes continue to outperform

Another fine day's turnover was recorded yesterday. Healthy volumes of 87K shares crossed for 415M/kip (US$52K). Trading was very routinely and very orderly yesterday, as stocks took turns to trade.

But it was EDL-Gen that again bullishly dominated the volumes trading.

BCEL dropped 50 kip yesterday causing the index in the third session to fall to 928.01 points.

EDL-Gen reversed that with a second day's gain, when it rose another 50 kip, finding support at 4,450 kip.

That pushed the index into positive territory to close up 7.69 points (+1 percent) on 936.81 points.

vientiane times

>   Stocks still rise in HCM City, retreat in Ha Noi (01/02/2012)

>   Commodities continue to excel in January (30/01/2012)

>   LSX stock Q1 technicals indicate a breakout (27/01/2012)

>   LSX Index: Volumes steady but prices remain gridlocked (25/01/2012)

>   LSX traders head for a vacation as a March 20 Greek default gains momentum (20/01/2012)

>   Laos holds enough foreign reserves: LSX CEO (19/01/2012)

>   Trading fades ahead of Chinese New Year (19/01/2012)

>   LSX liquidity returned as investors took cash positions (18/01/2012)

>   EDL-Gen staff shares unlocked (17/01/2012)

>   Liquidity falls on LSX price gridlock (17/01/2012)