15 January 2025 - Market Update - B2B Cambodia

This is a B2B Cambodia Market Update for 15 January 2025, reviewing the Cambodia Securities Exchange (CSX) and global markets.

Watch the video in English above.

• The Cambodia Securities Exchange Index was up 2.43 points, or 0.6% to 407.85. 
• Total trade volume was down with 59,984 shares changing hands at a total value of over 334 million KHR or approximately $82,700 US dollars.
• On the main board, five stocks were up. Leading the market was Pestech Cambodia, up 5.17% or 120 KHR to 2,440 KHR per share, followed by ACLEDA Bank, which was up 1.12% or  80 KHR to 7,200 KHR per share. Other stocks up were Royal Group Phnom Penh SEZ, Sihanoukville Autonomous Port, and CAMGSM.
• The Phnom Penh Autonomous Port was the only stock down, dropping 0.15% or 20 KHR  to 13,660 KHR per share. Meanwhile, Phnom Penh Water Supply Authority, Grand Twins International, and MJQ Education stayed flat
• Over on the growth board, DBD Engineering was up 0.49% or 10 KHR to 2,050 KHR per share, while JS Land dropped 0.61% or 20 KHR to 3,240 KHR per share.
   
• ACLEDA Bank recorded the highest trade volume of the day with 32,991 shares changing hands at a total value of  236.5 million KHR or roughly $58,500 US dollars, which is 55% of total shares traded on January 15th.
• Royal Group Phnom Penh SEZ recorded the second highest trade volume of the day with 7,871 shares changing hands at a total value of  16.7 million KHR or a little over $4,000 US dollars, making up 13% of total shares traded on Wednesday.
   
• Exchange rate, the KHR to USD strengthened to 4,034 KHR per USD, while the USD index was slightly down to 109.15.
   
• Looking at global commodities, oil prices rose on Wednesday trimming losses from the previous day, as the focus turned back to potential supply disruptions from sanctions on Russian tankers, though gains were capped as the market awaited more clarity on their impact.
• Brent crude futures edged up 51 cents, or 0.6%, to $80.43 US dollars a barrel, after dropping 1.4% in the previous session.
• Gold prices edged higher on Wednesday as investors waited for the U.S. consumer price inflation report that could provide more clarity on the U.S. Federal Reserve's interest rate trajectory.
• Spot gold rose 0.1% to $2,681.34 US dollars per ounce. U.S. gold futures gained 0.5% to $2,696.10 US dollars.
• Experts say if the consumer price index data comes higher, that might send gold lower because that kind of solidifies the view that the U.S. Federal Reserve more likely will be normalising last year's dovish policy in 2025.
   
• Stock futures hovered near the flatline on Wednesday morning as traders looked ahead to the release of December’s consumer price index, a key gauge of inflation.
• As of the time of the Cambodian market’s closing, Futures tied to the Dow Jones Industrial Average rose 10 points, or 0.02%. S&P 500 futures were marginally up, and Nasdaq 100 futures  climbed 0.12%.

Watch the 15 January 2025 market update in Khmer below: