Economists from Hanoi National University have urged the government to adjust the dong/dollar exchange rate, while the National Finance Supervision Council said stabilizing the exchange rate is a top priority.
Cambodian Securities Exchange (LSX) will officially begin trading on April 18, 2012. The trade executions are two (2) times a day, at 09:00 AM and 11:30 AM, and the settlement date of a transaction is T+2. Base price for the trading of initially listed issues shall be within 90% - 150% of the IPO price.
At the opening of the first securities trading, Cambodia Securities Exchange (CSX) has only one index, composite index, named “CSX Index”.
To open stock trading account in Cambodian stock market, investors must follow 3 steps: applying for Investor ID, opening bank account, and opening trading account.
The Lao Securities Exchange (LSX) will increase the number of trading sessions next month in a move aimed to boost trade values and turnover.
Lao Securities Exchange plans to launch a new stock trading service, allowing investors to post buying and selling orders of stocks from computers at the end of this year, according to a top company official.
The managing partner in one of the brokerage firms poised to trade on the new CSX, Morten Kvammen of Cambodia Capital, says the CSX’s trading fees should be lower in order to keep the exchange from being too expensive.
The market propels forward as the public show impetuous reactions. Hasty sell-offs were seen early this morning on BCEL shares, howev
Anticipating the current trends, investors unwaveringly step onward with their biddings again this week, pushing the prices of BCEL and EDL-Gen to an astounding 12,100 Kip and 6,400 Kip per share respectively. As of today, the price of BCEL’s shares enlarges by 500 Kip (4.31% gain), and EDL-Gen increase by 300 Kip (4.92%).
The government is considering waiving taxes on share trading to boost investment in the Lao Securities Exchange (LSX), according to a broker.