Given Thailand’s proximity to Laos, the country should be one of the main beneficiaries of the LSX opening up further, and if you’re willing to take a long term viewpoint then the LSX can offer wonderful opportunities, I remember EDL providing a 16% dividend at one point 3 years ago. Now back to the index, here’s a few key points I found interesting.
- It also plans to double its market capitalisation to US$2 billion and increase its listings to 100 companies from four.
- Chairman and chief executive Dethphouvang Moularat said the LSX also planned to boost its average daily trading value to 180 million baht by 2019 from 18-20 million now.
- Petroleum Trading Lao Plc (PTL) today becomes the fourth company to trade on the bourse alongside Banque Pour Le Commerce Exterieur Lao, EDL-Generation and Lao World.
Source: Bangkok Post