27 February 2025 - Market Update - B2B Cambodia

This is a B2B Cambodia Market Update for 27 February 2025, reviewing the Cambodia Securities Exchange (CSX) and global markets.

Watch the video in English above.

• The Cambodia Securities Exchange Index was up 1.01 points, or 0.24%, to 414.64. 
• Total trade volume was up with 93,650 shares changing hands at a total value of 652.8 million riel, or over $162,000 US dollars.
• On the main board, two stocks were up. Leading the market was ACLEDA Bank, up 0.82% or  60 riel to 7,400 riel per share, followed by Phnom Penh Water Supply Authority, which was up 0.64 or 40 riel to 6,300 riel per share.
• On the downside, two stocks were down. The biggest loser of the day was Phnom Penh Autonomous Port, down 0.54% or 80 riel to 14,720 riel per share, followed by Pestech Cambodia, which dropped 0.40% or 10 riel to 2,500 riel per share. Meanwhile, the five other stocks on the main board remained flat.
• Over on the growth board, both stocks were down. DBD Engineering was down 0.48% or 10 riel to 2,090 riel per share, while JS Land dropped 0.33% or 10 riel to 3,050 riel per share.
   
• ACLEDA  Bank once again recorded the highest trade volume of the day with 78,847 shares changing hands at a total value of 584.8 million riel or over $145,600 US dollars, about 84% of Thursday’s trade volume.
• Phnom Penh Water Supply Authority recorded the second highest trade volume of the day with 5,458 shares changing hands at a total value of 34 million riel or over $8,500 US dollars, approximately 6% of February 27th’s trade volume.
   
• Exchange rate, the KHR to USD weakened slightly to 4,011 riel per USD, while the USD index was slightly up to 106.63.
   
• Looking at global commodities, oil prices edged up on Thursday after sliding in the previous two sessions, with supply worries resurfacing after U.S. President Donald Trump announced a reversal of a license given to Chevron to operate in Venezuela.
• Brent crude oil futures was up 2 cents at $72.55 US dollars a barrel. U.S. West Texas Intermediate crude oil futures were up 6 cents at $68.68 US dollars per barrel.(0731 GMT)
• A day earlier, the contracts settled at their lowest since December 10 due to a surprise build in U.S. fuel inventories that hinted at weakening demand and hopes for a potential peace deal between Russia and Ukraine. Both benchmarks have lost about 5% so far this month.
• Gold prices fell over 1% to its lowest level in more than a week, as the U.S. dollar firmed, while investors awaited a key inflation print that could offer clues on the Federal Reserve's monetary policy.
• Spot gold fell 1.2% to $2,880.79 US dollars an ounce, its lowest since February 17th. Prices hit a record peak of $2,956.15 US dollars on Monday, driven by safe-haven flows. U.S. gold futures lost 0.7% to $2,909.30 US dollars. (0910 GMT)
• S&P 500 futures ticked higher early Thursday as investors digested Nvidia’s latest results.
   
• As of the time of the Cambodian market’s closing, Futures tied to the broad market index inched higher (0.56%). Nasdaq 100 futures added 0.28%. Dow Jones Industrial Average futures added 65 points, or 0.15%.
• Nvidia shares were slightly lower even after the chip giant exceeded fourth-quarter estimates on the top and bottom lines. The company issued strong guidance, reflecting continued demand driven by the artificial intelligence race. Salesforce slid 5% on disappointing fourth-quarter revenue and light guidance.

Watch the 27 February 2025 market update in Khmer below: