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B2B Asia News
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This is a B2B Cambodia Market Update for 24 April 2024, reviewing the Cambodia Securities Exchange (CSX) and global markets.
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- The Cambodia Securities Exchange (CSX) Index was up 3.83 points or 1 per cent to 426.20
- Trading Volume was comparatively robust at about 118,244 shares trading hands
- Trading Value of USD $176,000.
- ACLEDA Bank Plc. (ABC) was up 80 riel per share to 8,280 riel per share,
- Again dominating trading, ACLEDA Bank represented 49 per cent of trading volume and 67 per cent of trading value. Stock is still looking cheap and a great value.
- On the upside Sihanoukville Autonomous Port (PAS) was up 220 riel per share, trading at 12,600 riel, with only 85 shared trading hands.
Stocks when thinly traded and liquidity is low, can be quite volatile in this market.
- Grand Twins International fell 1 per cent, down 60 riel to 2,250 riel per share
- KHR Riel to USD is up a tick to 4061, with slight stronger US dollar
- Brent Crude Oil trading at USD 87.10 cents a barrel barely changed
- Gold is up USD $18, selling at USD $2,331.30 an ounce
- US Markets had an up day yesterday, up 264 points
- DOW Futures are slightly down at 18 points
- Expecting a slightly lower US open