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B2B Asia News
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This is a B2B Cambodia Market Update for 12 February 2025, reviewing the Cambodia Securities Exchange (CSX) and global markets.
Watch the video in English above.
- The Cambodia Securities Exchange Index was down 0.87 points or 0.21% to 408.81.
- Total trade volume was up with 78,153 shares changing hands at a total value of 393 million KHR or over $97,800 US dollars.
- On the main board, two stocks were up while two were down. Leading the market was Grand Twins International, up 7.53% or 420 KHR to 6,000 KHR per share, followed by Phnom Autonomous Port, up 0.43% or 60 KHR to 14,120 KHR per share.
- On the downside, the biggest loser of the day was Pestech Cambodia, down 1.23% or 30 KHR to 2,400 KHR per share, followed by CAMGSM, which was down 0.82% or 20 KHR to 2,420 KHR per share.
- The rest of the main board meanwhile remained flat.
- Over on the growth board, DBD Engineering was down 0.96% or 20 KHR to 2,060 KHR per share, while JS Land was up 0.33% or 10 KHR to 3,060 KHR per share.
- ACLEDA Bank once again recorded the highest trade volume of the day with 28,949 shares changing hands at a total value of 208 million KHR , or close to $52,000 US dollars, roughly 37% of Wednesday’s trade volume.
- Grand Twins International recorded the second highest trade volume of the day with 25,952 shares changing hands at a total value of 63 million KHR or a little over $15,600 US dollars, which is approximately 33% of February 12th’s trade volume.
- Exchange rate, the KHR to USD strengthened to 4,005 KHR per USD, while the USD index was slightly down to 108.02.
- Looking at global commodities, oil prices lost ground on Wednesday after sources said industry data would show an increase in U.S. crude stockpiles, but stronger refining margins limited losses.
- Brent futures fell 52 cents or 0.7% to $76.48 US dollars a barrel, while U.S. West Texas Intermediate (WTI) crude dropped 54 cents or 0.5% to $72.78 US dollars a barrel. (0747 GMT)
- The declines come after three days of gains during which Brent climbed 3.6% and WTI rose 3.7%.
- Gold prices slipped after rising to an all-time high in the previous session, as U.S. Federal Reserve Chair Jerome Powell’s hawkish comment cemented views of slower rate cuts this year, while investors awaited a key U.S. inflation report.
- Spot gold fell 0.1% to $2,895.38 US dollars per ounce after climbing to a record high of $2,942.70 US dollars on Tuesday. U.S. gold futures eased 0.4% to $2,922.40 US dollars. (0232 GMT)
- U.S. stocks were struggling for direction early Wednesday as investors’ focus shifted from tariffs to monthly inflation data.
- There was no fresh news about U.S. President Donald Trump’s plans to impose levies, meaning the January consumer price index print will likely be the main story driving the market action.
- As of the time of the Cambodian market’s closing, Futures tracking the three blue-chip U.S. indexes were down. Dow Jones Industrial Average futures slid 86 points, or 0.2%. S&P 500 futures were also down 0.2%, while those tied to the Nasdaq 100 were falling 0.1%.
Watch the 12 February 2025 market update in Khmer below: