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B2B Asia News
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This is a B2B Cambodia Market Update for 13 January 2025, reviewing the Cambodia Securities Exchange (CSX) and global markets.
Watch the video in English above
- The Cambodia Securities Exchange Index was down 0.66 points, or 0.16% to 404.68.
- Total trade volume was down with 46,397 shares changing hands at a total value of over 254 million KHR or approximately $62,500 US dollars.
- On the main board, three stocks were up. MJQ Education led the market, up
0.49% or 10 KHR to 2,070 KHR per share, followed by the Sihanoukville Autonomous Port, which was up 0.34% or 40 KHR to 11,680 KHR per share. The Phnom Penh Autonomous Port was also up 40 KHR to 13,640 KHR per share. - On the downside, Royal Phnom Penh SEZ was the biggest loser of the day, dropping 1.38% or 30 KHR to 2,140 KHR per share, followed by Pestech Cambodia, which decreased by 1.28% or 30 KHR to 2,320 KHR per share. Other stocks down were the Phnom Penh Water Supply Authority and ACLEDA Bank.
- Over on the growth board, both stocks were down. JS Land was down 1.19% or 40 KHR to 3,330 KHR per share, and DBD Engineering was down 0.49% or 10 KHR to 2,030 KHR per share.
- ACLEDA Bank recorded the highest trade volume of the day with 18,160 shares changing hands at a total value of 128.9 million KHR or close to $32,000 US dollars, which is 39% of total shares traded on January 13th.
- The Phnom Penh Water Supply Authority recorded the second highest trade volume of the day, with 11,445 shares changing hands at a total value of 71.7 million KHR or $17,650 US dollars, which is 25% of Monday’s trade volume.
- Exchange rate, the KHR to USD remained at 4,042 KHR per USD, while the USD index was slightly down to 110.01.
- Looking at global commodities, oil extended gains for a third session on Monday, with Brent crude rising above $80 dollars a barrel to its highest in more than four months, driven by wider U.S. sanctions on Russian oil and the expected effects on exports to top buyers India and China.
- Brent crude futures rose 2.1% to $81.44 US dollars a barrel after hitting the highest level since August 27th at $81.49 US dollars.
- Gold prices eased as strong U.S. jobs data reinforced the U.S. Federal Reserve's cautious stance on interest rate cuts and boosted the dollar, though underlying safe-haven demand amid uncertainty around U.S. President-elect Donald Trump's policies curbed losses.
- Spot gold was down 0.1% at $2,686.33 US dollars per ounce, off almost one-month highs reached on Friday. U.S. gold futures were 0.2% lower at $2,710.60 US dollars.
- Global stocks fell on Monday, while the dollar hit 26-month peaks following a bumper U.S. jobs report that prompted investors to question if interest rates will fall at all this year, just as earnings season is about to get underway. U.S. Stock futures were ticked lower as investors look toward a data-heavy week, which includes the December report on U.S. inflation and big bank earnings.
- As of the time of the Cambodian market’s closing, Futures tied to the Dow Jones Industrial Average lost 81 points, or 0.19%. S&P 500 futures dipped 0.44%, while Nasdaq 100 futures slipped 0.58%.
Watch the 13 January 2025 market update in Khmer below: