Audio Transcript:

The world's newest stock exchange has opened for business. Global Investors aren't rushing in quite yet but there are some new investment opportunities ? and an opportunity for you to have a go at today's Geo Quiz. This securities exchange or LSX for short happens to be in one of the poorest countries in southeast Asia.

The world's newest stock exchange has opened for business. Global Investors aren't rushing in quite yet but there are some new investment opportunities ? and an opportunity for you to have a go at today's Geo Quiz.

This securities exchange or LSX for short happens to be in one of the poorest countries in southeast Asia. The price of shares is listed in kips or kip notes. The current exchange rate is about 8,000 kip to the dollar.

This communist country neighbors Burma or Myanmar, as well as Thailand and China. Chinese investors are expected to step up in early trading and with the speed of a day trader, it's time for you to step up with the answer.
Geo Answer:

The world's newest, and possibly smallest, stock exchange is in Vientiane, the capital and largest city in Laos.

You might ask what is there to invest in Laos? The BBC's Vaudine England says so far only 2 companies are listed.

?The first two companies available for trade one is for electricity generating a lot of which comes from hydropower projects, and the other is a statebank so the idea is to get foreign investment to help speed up the growth in Laos?.

300,000 shares were traded on opening day ? that amounts to just over 2 billion kip or 250,000 dollars changing hands. Not exactly heavy trading but significant for a country where many people live on less than 2-dollars a day.

?The majority of the population is engaged in subsistence agriculture, there is very little infrastructure across the country, Laos is landlocked, it is huge, but it has only has 6 million people in it which by Asian standard is grossly underpopulated, and that is why the government in Laos would really like more foreign investment?.

Another communist country opening its doors to capitalism?