The Lao Securities Exchange (LSX) is the primary stock exchange in Laos

Laos

Laos Lao: ສາທາລະນະລັດ ປະຊາທິປະໄຕ ປະຊາຊົນລາວ Sathalanalat Paxathipatai Paxaxon Lao, officially the Lao People's Democratic Republic, is a landlocked country in Southeast Asia, bordered by Burma and China to the northwest, Vietnam to the east, Cambodia to the south and Thailand to the west...

, located in the capital, Vientiane

Vientiane

-Geography:Vientiane is situated on a bend of the Mekong river, which forms the border with Thailand at this point.-Climate:Vientiane features a tropical wet and dry climate with a distinct monsoon season and a dry season. Vientiane’s dry season spans from November through March. April marks the...

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History

In 2010, the Lao government sought technical and financial support from South Korea (Korea Exchange

Korea Exchange

Korea Exchange is the sole securities exchange operator in South Korea. It is headquartered in Busan, and has an office for cash markets and market oversight in Seoul.- History :...

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 dollars to build. It began operations on 11 January 2011.

Companies

There are currently only two listed companies on the stock exchange, but there is expectation that 3 to 5 firms will be listed by the end of 2011. The first is EDL Generation-Public Company, which is a subsidiary of the state owned energy company, Electricite du Laos. The other company is the largest bank in Laos, Banque Pour Le Commerce Exterieur Lao (BCEL) Lao.