Home Laos Stock Market

Extended three day demand for EDL

Sep 10th at 12:47
10-09-2012 12:47:55+07:00

Extended three day demand for EDL

Turnover September 6 fell away with less demand for BCEL and prices very much flat lined.

EDL-Gen finished the day with almost identical volumes (70K-71K), with the stock in a rally which had extended into a third straight day, but the price boringly unchanged (4,800 kip) for an eighth straight day in a row.

After 3 days of successive minor falls the Lao stock exchange opened quietly and closed unchanged.

The first session only traded just 2½ thousand shares.

BCEL was the only stock to open in that first settlement at 7,300 kip per share, mainly in carry over matching trades.

Demand then picked up for 48K EDL-Gen stocks in the next 9:30 close plus another 16K BCEL shares but then the banking stock ran out of steam.

vientiane times

MOST READ

NEWS SAME CATEGORY

Market “times out” for a second day
STOCK MARKET Sep 4th at 12:35

Market “times out” for a second day

After a great (MTD August) turnover, the market “time out” extended for a second day into Monday's trading session with a small (2) points drop in the Index and a...

BCEL stock puts in gold medal performance
STOCK MARKET Aug 29th at 13:37

BCEL stock puts in gold medal performance

Pre market interest August 28 centered on EDL-Gens thin volumes and its five day locked share price, but it was BCEL that jumped out of the starting blocks and...

BCEL dividend payment to stimulate stock investment
STOCK MARKET Aug 28th at 14:29

BCEL dividend payment to stimulate stock investment

BCEL Bank, the largest commercial bank in Laos will pay a shareholder dividend for the first six months of this year early next month, which will help Lao investors...

BCEL rally clean slates trades
STOCK MARKET Aug 28th at 14:25

BCEL rally clean slates trades

BCEL's outstanding impressive “bull” volume rally continued August 27, when it all but tripled turnover compared to Friday's market close and clean slated EDL-Gen...

Lao LSX Index rally gains 20 percent
STOCK MARKET Aug 23rd at 13:30

Lao LSX Index rally gains 20 percent

BCEL's outstanding Lao stock market performance August 21 assisted and encouraged the Indexes bullish continuing change of direction this month. Turnover increased...

Index supported by gains for 3rd day
STOCK MARKET Aug 17th at 13:33

Index supported by gains for 3rd day

The local bourse (stock market) trades continued August's improvement, as the index ground out more small gains on a much lower turnover for a third day.

BCEL 2 percent rise in midweek rally
STOCK MARKET Aug 16th at 11:47

BCEL 2 percent rise in midweek rally

BCEL in a big “U Turn” recorded a stella day when it turned the tide August 15 gaining +150 kip with some excellent trades, finishing up 2.10pct, at its best...

WTC helps reduce investment risks
STOCK MARKET Aug 9th at 12:51

WTC helps reduce investment risks

At present, there are a number of investment opportunities in Laos. Each one has different characteristics that vary for the type of person investing since each of...

Foreigners snap up Lao stocks.
STOCK MARKET Aug 8th at 12:49

Foreigners snap up Lao stocks.

Investors ex-dividend engaged in some early short selling of EDL-Gen in yeterdays early session. The stock got off to a flying start and has an array of willing...

LSX turnover doubles
STOCK MARKET Jul 31st at 13:12

LSX turnover doubles

July 30 the market traded much stronger than Friday with almost double the turnover. Added interest ensured yesterdays turnover and volumes filtered through in...

Read More

MOST READ

Back To Top