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B2B Asia News
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This is a B2B Cambodia Market Update for 19 April 2024, reviewing the Cambodia Securities Exchange (CSX) and global markets.
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- Overnight, Israel airstrikes on Iranian soil, resulting in Oil surge of 3 per cent to 90.75 per cent a barrel from 87 closed. It is now settling at 87.40 a barrel up only 0.34 per cent.
- Gold surged to an all time high to 2.411.09 an ounce, settling back now at 2397.60
- The Cambodia Securities Exchange (CSX) Index was down 1.2 per cent or 5.35 points, to 425.93
- On the upside, Sihanoukville Autonomous Port (PAS) 12,300, was up by 160 riel at 1.32 per cent.
- Phnom Penh Water Supply (PWSA) 7,160, was up by 40 riel or 0.56per cent
- ACLEDA Bank Plc. (ABC) was down 220 riel or 2.58 per cent to 8,300 riel, which is a far cry from its IPO closing price at 16,500 riel.
- The Markets in Asia were down generally, Nikkei down 2.66 per cent, Singapore 0.43 per cent, Hang Seng 0.99 per cent
- DOW Futures are down 100, indicating a lower New York Open
- Official Exchange Rate : 4,064 KHR / USD