A brief introduction on LSX Composite Index

A brief introduction on LSX Composite Index

As an indicator used to show an overall price level of stock market or the fluctuation of stock prices, a stock price index is used as an important measure of national economic status. Depending on the developmental stage of financial industry, the stock price indices are utilized in a variety of ways, including as a benchmark for measuring the portfolio performance of products linked to stock price indices.

Lao securities market began to calculate and make public the Lao Securities Exchange Composite Index(LSX Composite Index) that is based on the market capitalization in 2011.

Summary / Basic Facts

Name : LSX Composite Index (Lao Securities Exchange Composite Index)

• Calculation Method : Market capitalization weighted on number of shares
• Base date and value : January 11, 2011= 1,000p
• Number of constituents : 2 stocks
• Regular realignment of constituent stocks : Annually
• Name : LSX Composite Index (Lao Securities Exchange Composite Index)
  • Market value : Average daily market capitalization
  • Market Liquidity : Daily trading value
  • Financial criteria
  • Return on Equity (ROE) : Latest three fiscal years
  • Debt ratio : Latest fiscal year
  • Retention ratio : Latest fiscal year
• Industry classification : N/A

LSX