By
B2B Asia News
on
This is a B2B Cambodia Market Update for 23 January 2025, reviewing the Cambodia Securities Exchange (CSX) and global markets.
Watch the video in English above.
- The Cambodia Securities Exchange Index was up 1.35 points, or 0.33% to 410.68.
- Total trade volume was down with 34,581 shares changing hands at a total value of over 159.3 million KHR or approximately $39,400 US dollars.
- On the main board, five stocks were up. Leading the market was Phnom Penh Autonomous Port, up 0.72% or 100 KHR to 14,000 KHR per share, followed by Sihanoukville Autonomous Port, which was up 0.51% or 60 KHR to 11,740 KHR per share. Other stocks up were Royal Group Phnom Penh SEZ, CAMGSM and ACLEDA Bank.
- The remaining four stocks on the main board stayed flat.
- Over on the growth board, both stocks were up. DBD Engineering was up 0.49% or 10 KHR to 2,060 KHR per share, while JS Land was up 1.31% or 40 KHR to 3,100 KHR per share.
- ACLEDA Bank recorded the highest trade volume of the day with 12,575 shares changing hands at a total value of 91.8 million KHR , or over $22,700 US dollars, roughly 36% of Thursday’s total trade volume.
- MJQ Education recorded the second highest trade volume of the day with 10,262 shares changing hands at a total value of 21.2 million KHR or over $5,250 US dollars, which is approximately 30% of January 23rd’s trade volume.
- In other market news, ACLEDA Bank recently received approval from the National Bank of Cambodia and the Securities and Exchange Regulator of Cambodia for a Subordinated Bond Issuance of 400 billion KHR , equivalent to $100 million US dollars, for which the bank has subscription to take place over four tranches. The first subscription tranche was successfully conducted with qualified investors on January 22, 2025, raising 343.3 billion KHR , equivalent to around $85.8 million US dollars. ACLEDA Bank has stated that it will inform investors and the public about the second tranche subscription of the subordinated bond at a later date.
- Exchange rate, the KHR to USD strengthened to 4,027 KHR per USD, while the USD index was up to 108.23.
- Looking at global commodities, oil prices were little changed on Thursday, maintaining the previous session's losses on uncertainty over how U.S. President Donald Trump's proposed tariffs and energy policies would affect global economic growth and energy demand.
- Brent crude futures dipped 2 cents to $78.98 US dollars a barrel.
- Gold prices were little changed as market participants awaited further clarity on policies from U.S. President Donald Trump's administration.
- Spot gold eased 0.1% to $2,753.14 US dollars per ounce, trading in a tight range of $8 dollars. Prices hit their highest since October 31st on Wednesday. U.S. gold futures shed 0.4% to $2,760.40 US dollars.
- U.S. stock index futures were subdued on Thursday, as investors paused after Wall Street's strong performance in the previous session and awaited economic data, more corporate earnings and remarks from President Donald Trump later in the day.
- As of the time of the Cambodian market’s closing, Dow E-minis were up 12 points, or 0.03%, S&P 500 E-minis were down 10.25 points, or 0.17% and Nasdaq 100 E-minis were down 103.5 points, or 0.47%.
Watch the 23 January 2025 market update in Khmer below: