Lao is to open a stock market on Tuesday 11/11/2011 since it planed several years with two listed stocks and bold plans for expansion. This stock market is to gather wide range of capital to the large entities who needed more money and also to boost Lao's economy. The Lao Securities Exchange is a join venture of South Korea with 49% for $9.8 million and the bank of laos, the country's central bank with 51% for $10.2 million. The Lao Securities Exchange is located in the capital of Vientiane. Trading will open with shares in EDL-Generation, which is controlled by the state-owned power company Electricite du Laos, and Banque Pour Le Commerce Exterieur Lao, a state-owned bank.
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