The index experienced some turbulence, but not even the strongest tempest could slow down this vessel. The index temporarily settled for a rocky 1,675 points, getting ready for its critical sprint toward the 2,000 checkpoint by the end of next week. The LSX index should expect some shaky flights as more investors are preparing their escaping parachutes.
Exchange rates, quoted for the Lao Kip, by the Lao Development Bank
Investors could not hold on tight to their BCEL shares, fearing the burning price might leave too deep of a scar. The T+2 traders accepted a well worth 9% on their BCEL investments, while investors of EDL-Gen showed a more conservative reaction. EDL-Gen squeezed out only 251,000 traded shares today, contracting by almost 39% compared with yesterday; as a result its total turnover slid by 36% to only 1.9 billion Kip. BCEL has won the popularity vote in term of trading value, equal roughly to 65% of total market turnover. Investors apparently showed a more open-minded perception about BCEL, but careful judgment is necessary when assessing the price of this stock.
The index experienced some turbulence, but not even the strongest tempest could slow down this vessel. The index temporarily settled for a rocky 1,675 points, getting ready for its critical sprint toward the 2,000 checkpoint by the end of next week. The LSX index should expect some shaky flights as more investors are preparing their escaping parachutes.
LSX Index
EDL-Gen
BCEL
