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27 January 2025 - Market Update - B2B Cambodia

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27 January 2025 - Market Update - B2B Cambodia
B2B Cambodia Market Update - 27 January 2025

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

Watch the video in English above.

  • The Cambodia Securities Exchange Index was down 0.52 points, or 0.13% to 409.87. 
  • Total trade volume was up with 29,544 shares changing hands at a total value of over 164.7 million KHR or approximately over $40,900 US dollars.
  • On the main board, three stocks were up. Leading the market was Royal Group Phnom Penh SEZ, up 0.93% or 20 KHR to 2,160 KHR per share, followed by Grand Twins International, which was up 0.75% or 40 KHR to 5,360 KHR per share. Sihanoukville Autonomous Port was also up 0.17% or 20 KHR to 11,760 KHR per share.
  • On the downside, ACLEDA Bank was the biggest loser of the day, dropping 0.55% or 40 KHR to 7,260 KHR per share, followed by Pestech Cambodia, which was down 0.42% or 10 KHR to 2,380 KHR per share. The Phnom Penh Autonomous Port was also down 0.14% or 20 KHR to 13,900 KHR per share.
  • Meanwhile, the Phnom Penh Water Supply Authority, MJQ Education and CAMGSM stayed flat.
  • Over on the growth board, JS Land was down 0.97% or 30 KHR to 3,060 KHR per share, while DBD Engineering stayed flat at 2,060 KHR per share.
     
  • ACLEDA Bank once again recorded the highest trade volume of the day with 15,665 shares changing hands at a total value of 114 million KHR , or over $28,000 US dollars, roughly 53% of Monday’s trade volume.
  • CAMGSM recorded the second highest trade volume of the day with 7,102 shares changing hands at a total value of 17 million KHR or close to $4,300 US dollars, approximately 24% of January 27th’s trade volume.
     
  • In other market news, JS Land Plc announced that it has entered into a new loan agreement with Chief (Cambodia) Commercial Bank Plc, at an amount of $2.3 million dollars. 
  • The company has said the loan was obtained for cash flow requirements and is intended to ensure the continuity of business operations and to support the company's strategic initiatives. The loan has an interest rate of 11% and a 15-year borrowing term from 2024 to 2039.
     
  • Exchange rate, the KHR to USD strengthened to 4,021 KHR per USD, while the USD index was slightly up to 107.49.
     
  • Looking at global commodities, oil prices slipped on Monday after U.S. President Trump called on OPEC to reduce prices following the announcement of wide-ranging measures to boost U.S. oil and gas output in his first week in office.
  • Brent crude futures dropped 35 cents, or 0.45%, to $78.15 a barrel after settling 21 cents higher on Friday.
  • Gold prices dipped, pressured by a firmer U.S. dollar, while investors focussed on the U.S. Federal Reserve's first meeting of 2025 for more guidance on the interest rate path.
  • Spot gold dropped 0.7% to $2,751.71 US dollars per ounce after trading just below record-high levels on Friday. U.S. gold futures fell 0.8% to $2,756.30 US dollars.
     
  • Stock futures fell early Monday as investors look ahead to a major earnings week. As of the time of the Cambodian market’s closing, Futures tied to the Dow Jones Industrial Average dropped 510 points, or 1.14%, while S&P futures shed 1.8%. Nasdaq 100 futures slid 2.9% amid a global decline in technology shares, on concerns of competition from Chinese artificial intelligence startup DeepSeek.

Watch the 27 January 2025 market update in Khmer below: