index | Explaination |
Listed Stocks | 07 stocks (BCEL, EDL-GEN, LWPC, PTL, PCD, LCC, SVN) |
Market Capital 25 DECEMBER, 2014 | LAK 10,867,713,412,600, US$ 1,358,464,176.58 |
Percentage of IPO | BCEL 30% , EDL-GEN 25%, LWPC 10% , PTL 25% |
The Highest Index | 2011 (1876.02) 2012 (1242.21) 2013 (1446.66) 2014 (1458.24) |
The Lowest Index | 2011 (899.45) 2012 (877.44) 2013 (1215.79) 2014 (1219.81) |
Opening 2011 | 1,000 as date of 11 JANUARY, 2011 |
Current Price 25 DECEMBER, 2014 | BCEL 7,000, EDL-GEN 7,100, LWPC 7,900, PTL 3,800 |
Current Index 25 DECEMBER, 2014 | 1404 .21 |
Information | website: www.lsx.com.la |
Trading days and currency | Monday to Friday (except public holidays of Laos, last 3 business day of each year and when a sudden change in economic condition). All transactions are in Lao Kip (LAK) |
Holidays | 1 Jan – 8 March – Lao New year – International Labour day – BOL established day – National day |
Electronic system access | Via Floor Broker or Home Trading System |
Sessions | Trading hours shall be from 08:30-11:30, Opening call auction runs from 8.30-9:00, followed by continuous trading from 09:00-11:20 and closing call auction is held between 11:20-11:30 |
Order | Limit order only |
Open/Close | Open: Previous day’s closing price is the reference price for the first matching session Close: The last session’s matching price |
Trading methods | Periodical order matching method: This is a transaction method executed by the trading system based on matching securities buying and selling orders at a specific time. The trading system shall conduct the comparison and matching of securities buying and selling orders on the basis of price and time precedence as follows: The executed price shall be the price that enables the maximum trading volume of the securities. If more than one price satisfies the above condition, the price that equals or is least different from the executed price established in the immediately preceding order matching shall be taken. |
Matching principles | a. Price Priority: Buying orders at higher price will take precedence. Selling orders at lower price will take precedence. b. Time Priority: In case buy or sell orders at the same price, those that entered into the trading system earlier will take precedence in execution. |
Cancellation of orders | Cancellation of trading orders placed in same session for periodic order matching is not allowed. |
Trading range | The price fluctuates in a range of ±10% of the base price. The first trading price of initially listed issues shall be within -10% and +100% of the public offering price. |
Tick size | Price Per Share (PPS) ≤ 10,000 kip 50 kip 10,000 kip ≤ PPS < 50,000 kip 100 kip 50,000 kip ≤ PPS < 100,000 kip 200 kip PPS ≥ 100,000 kip 500 kip |
Settlement Method | Order matching transaction: Clearing payment T+2 |
Trading Unit | 1 share |