18 February 2025 - Market Update - B2B Cambodia

This is a B2B Cambodia Market Update for 18 February 2025, reviewing the Cambodia Securities Exchange (CSX) and global markets.

Watch the video in English above.

• The Cambodia Securities Exchange Index was down 0.53 points, or 0.13%, to 410.01. 
• Total trade volume was down with 30,626 shares changing hands at a total value of 168 million riel, or about $42,000 US dollars.
• On the main board, two stocks were up. Leading the market was Grand Twins International, up 0.66% or 40 riel to 6,140 riel per share, followed by Royal Group Phnom Penh SEZ, which was up 0.47% or 10 riel to 2,160 riel per share.
• On the downside, three stocks were down. The biggest loser of the day was Pestech Cambodia, dropping 3.15% or 80 riel to 2,460 riel per share, followed by ACLEDA Bank and Sihanoukville Autonomous Port, which both lost 20 riel each, to 7,200 riel per share and 11,800 riel per share respectively.
• The four remaining stocks on the main board remained flat.
• Over on the growth board, JS Land was up 0.33% or 10 riel to 3,050 riel per share, while DBD Engineering remained flat at 2,070 riel per share.
   
• ACLEDA Bank recorded the highest trade volume of the day with 13,030 shares changing hands at a total value of 93.7 million riel or over $23,000 US dollars, approximately 43% of Tuesday’s total trade volume.
• Grand Twins International recorded the second highest trade volume of the day with 6,111 shares changing hands at a total value of 37.5 million riel or about $9,400 US dollars, about 20% of the total trade volume on February 18th. 
   
• In other market news, more companies listed on the CSX have released their financial statements for Q4 2024.
• Telcotech Ltd. reported a total comprehensive income of 1.5 billion riel, which is an increase of 387% compared to Q4-2023. As of 31 December 2024, Telcotech recorded total assets of 303.2 billion riel, or over $75 million US dollars, which is an increase of 18.42% from 31 December 2023.
• DBD Engineering Plc. reported a total comprehensive income of 7.3 billion Khmer riel as of Q4 2024, which is a big difference from Q4 2023 when DBD Engineering recorded a comprehensive loss of 512.5 million riel. The company’s total assets also increased by 9.66% while total equity decreased by 4.05% compared to the year end of 2023.
• Royal Group Phnom Penh SEZ reported a 50.66% decrease in total revenue to 11.9 million riel compared to the 4th quarter of 2023. As a result, the company reported a net loss of over 3 billion riel in the quarter.
   
• Exchange rate, the KHR to USD weakened to 4,013 riel per USD, while the USD index was up to 106.92.
   
• Looking at global commodities, Brent crude oil prices advanced on Tuesday adding to gains in the previous session after a drone attack on an oil pipeline pumping station in Russia reduced flows from Kazakhstan, but gains were capped on the prospects of supply rising soon.
• Brent crude futures gained 23 cents, or 0.3%, to $75.45 US dollars per barrel. U.S. West Texas Intermediate crude futures were up 75 cents from Friday's close at $71.49 US dollars a barrel. There was no settlement for WTI on Monday due to the U.S. Presidents' Day holiday.  (0758 GMT.)
• Gold prices extended their gains as uncertainty over U.S. President Donald Trump's tariff plans continued to dominate market sentiment, driving safe-haven demand amid fears of a potential global trade war.
• Spot gold was up 0.6% at $2,913.79 US dollars an ounce. U.S. gold futures gained 0.9% to $2,925.50 US dollars. (0714 GMT)
   
• U.S. stock futures rose early Tuesday, trading in a holiday-shortened trading week. Dow Jones Industrial Average futures advanced 37 points, or 0.08%. S&P 500 futures and Nasdaq 100 futures climbed 0.2% and 0.29%, respectively.

Watch the 18 February 2025 market update in Khmer below: