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B2B Asia News
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This is a B2B Cambodia Market Update for 2 April 2025, reviewing the Cambodia Securities Exchange (CSX) and global markets.
Watch the video in English above.
- The Cambodia Securities Exchange Index was up 1.66 points or 0.41% to 409.11.
- Total trade volume was down to 48,830 shares changing hands at a total value of 223.4 million riel or over $55,800 US dollars.
- On the main board, six stocks were up, one was down and two remained flat. The biggest winner of the day was, Pestech Cambodia, up 2.29% or 60 riel to 2,680 riel per share, followed by Acleda Bank, up 1.14% or 80 riel to 7,100 riel per share.
- Other stocks were also up include Grand Twins International, Royal Group Phnom Penh SEZ, Sihanoukville Autonomous Port, and and MJQ Education.
- Meanwhile, CAMGSM and Phnom Penh Autonomous Port remained flat.
- Over the growth board, DBD Engineering was up 0.48% or 10 riel to 2,090 riel per share, while JS Land dropped 0.63% or 20 riel to 3,160 riel per share.
- Royal Group Phnom Penh SEZ recorded the highest trade volume of the day with 14,717 shares trading hands at a total value of 31.7 million riel or close to $8,000 US dollars, about 30% of Wednesday’s trade volume.
- Grand Twins International, recorded the second highest trade volume of the day with 14,042 shares changing hands at a total value of 90 million riel or over $22,500 US dollars, approximately 29% of the total trade volume on April 2nd.
- In other market news, SchneiTec Dynamic Co. Ltd, a solar power developer, has issued a $50 million dollar sustainability bond. Described as the first green ‘project bond’ in Cambodia, the bond has a 15 year tenure, is partially guaranteed by the Credit Guarantee and Investment Facility, and will be listed on the CSX on April 10th. According to the bond’s sole manager Yuanta Securities (Cambodia) Plc., all funds raised will be used by SchneiTec Dynamic and ScheiTec Group to accelerate solar energy capacity expansion and support Cambodia’s transition toward energy independence and cleaner energy sources.
- Moving on to the exchange rate, the KHR to USD was again stable at 4,000 riel per USD, while the USD index was down to 104.18.
- Looking at global commodities, oil prices steadied in thin trading on Wednesday after falling in the previous session on concerns that new U.S. tariffs may deepen a global trade war that could limit crude demand.
- Brent futures were unchanged at $74.49 US dollars a barrel after slipping 0.4% on Tuesday. U.S. West Texas Intermediate crude futures rose 3 cents to $71.23 US dollars after dropping 0.4%. Prices settled at their highest in five weeks on Monday. (0622 GMT)
- Gold prices held firm after jumping to an all-time high in the previous session, as investors hunkered down and awaited details of U.S. President Donald Trump's tariff plans. Spot gold rose 0.6% at $3,128.41 US dollars an ounce. U.S. gold futures gained 0.4% at $3,159.10 US dollars. (0827 GMT)
- US Stock futures slipped early Wednesday as Wall Street braced for the expected rollout of President Donald Trump’s tariffs.
- As of the time of the Cambodian market’s closing, Futures tied to the S&P 500 lost 0.16%, while Nasdaq-100 futures were 0.15% lower.
- Futures tied to the Dow Jones Industrial Average were down 63 points, or 0.15%.
Watch the 2 April 2025 market update in Khmer below: