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B2B Asia News
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This is a B2B Cambodia Market Update for 17 February 2025, reviewing the Cambodia Securities Exchange (CSX) and global markets.
Watch the video in English above.
- The Cambodia Securities Exchange Index was up 0.73 points, or 0.18%, to 410.54.
- Total trade volume was up with 51,904 shares changing hands at a total value of over 271 million KHR, or over $68,000 US dollars.
- On the main board, three stocks were up. Leading the market was Pestech Cambodia, up 3.67% or 90 KHR to 2,540 KHR per share, while ACLEDA Bank and MJQ Education both gained 20 KHR each to 7,220 KHR per share and 2,110 KHR per share respectively.
- On the downside, two stocks were down. The biggest loser of the day was Royal Group Phnom Penh SEZ, down 0.92% or 20 KHR to 2,150 KHR per share, followed by Phnom Penh Autonomous Port, which dropped 0.28% or 40 KHR to 14,020 KHR per share.
- The rest of the main board remained flat.
- Over on the growth board, both stocks were down. DBD Engineering dropped 1.43% or 30 KHR to 2,070 KHR per share, while JS Land was down 0.65% or 20 KHR to 3,040 KHR per share.
- ACLEDA Bank recorded the highest trade volume of the day with 23,122 shares changing hands at a total value of 166 million KHR or over $41,700 US dollars, approximately 44.5% of the total trade volume on Monday.
- CAMGSM recorded the second highest trade volume of the day with 9,280 shares changing hands at a total value of 22 million KHR or over $5,600 US dollars, about 18% of the total trade volume on February 17th.
- In other market news, several companies have released disclosure notices on the CSX with their Q4 2024 reports. The Sihanoukville Autonomous port reported a 29.94% increase in revenue and a 128.79% increase in net profit compared to the same period in the year before.
- MJQ Education reported a 4.85% increase in total revenue and a 26.65% decrease in net profit compare to Q4 of 2023.
JS Land saw an increase in total comprehensive profit by 115.63% compared to the same quarter in 2023. - CAMGSM reported a decrease in Operating Profit by 25% due to a decrease in the provision of telecom services, and a decrease in Net Profit by 94% compared to Q4 2023, attributed to the impact of tax accrued being reversed in Q4 of 2023.
- ROYAL RAILWAY PLC. reported a 17.19% increase in total revenue compared to Q4 of 2023, and a 20.02% decrease in net loss, which reached 8.6 billion Khmer riel in the three month period ending in Q4 of 2024.
- Exchange rate, the KHR to USD weakened slightly to 4,005 riel per USD, while the USD index was down to 106.87.
- Looking at global commodities, oil prices were little changed on Monday as investors eyed developments on a potential Russia-Ukraine peace deal that could ease sanctions disrupting global supply flows.
- Brent crude futures dipped 1 cent at $74.73 US dollars a barrel while U.S. West Texas Intermediate crude was down 7 cents at $70.67 US dollars a barrel. (0740 GMT)
- The market continued to keep an eye on progress of peace talks, after U.S. President Donald Trump and his administration officials announced they had begun discussions with Russia to end the war in Ukraine.
- Gold prices rose on Monday as the dollar weakened after U.S. retail sales fell in January, while investors await details on President Donald Trump's reciprocal tariff plans, which could heighten the potential for a global trade war.
- Spot gold was up 0.6% at $2,900.60 US dollars per ounce. U.S. gold futures gained 0.4% to $2,911.80 US dollars. (0714 GMT)
- The American stock markets were closed on Monday Feb 17, 2025 for George Washington’s birthday, which is the state and federal holiday commonly known as Presidents Day in the US.
Watch the 17 February 2025 market update in Khmer below: