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B2B Asia News
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This is a B2B Cambodia Market Update for 29 January 2025, reviewing the Cambodia Securities Exchange (CSX) and global markets.
Watch the video in English above.
- The Cambodia Securities Exchange Index was down 0.2 points, or 0.05% to 410.03.
- Total trade volume was up with 30,714 shares changing hands at a total value of 155 million KHR or approximately over $38,600 US dollars.
- On the main board, only one stock was up. The Sihanoukville Autonomous Port led the market, up 0.17% or 20 KHR to 11,800 KHR per share.
- On the other hand, five stocks were down. Pestech Cambodia dropped 1.68% or 40 KHR to 2,340 KHR per share, followed by Royal Group Phnom Penh SEZ, which was down 0.47% or 10 KHR to 2,140 KHR per share. Other stocks down were Grand Twins International, the Phnom Penh Water Supply Authority and the Phnom Penh Autonomous Port. Three stocks – ACLEDA Bank, MJQ Education and CAMGSM – meanwhile stayed flat.
- Over on the growth board, DBD Engineering was down 0.49% or 10 KHR to 2,050 KHR per share, while JS Land was down 0.33% or 10 KHR to 3,020 KHR per share.
- ACLEDA Bank once again recorded the highest trade volume of the day with 15,757 shares changing hands at a total value of 114.6 million KHR , or over $28,000 US dollars, roughly 51% of Wednesday’s trade volume.
- DBD Engineering recorded the second highest trade volume of the day with 6,841 shares changing hands at a total value of 13.8 million KHR or above $3,400 US dollars, approximately 22% of January 29th’s trade volume.
- In other market news, the International Monetary Fund (IMF) released its Article IV 2025 Report on Cambodia on January 28th, which predicts a GDP growth of 5.8% for Cambodia in 2025 Comparatively, the Cambodian government foresees an optimistic growth rate of approximately 6.3% in 2025 according to the Budget in Brief report for the Fiscal Year 2025 released by the Ministry of Economy and Finance (MEF), while the World Bank forecasts a growth rate of 5.5%. The Asian Development Bank’s projection matches the IMF for a predicted growth rate of 5.8%. The IMF report overall outlines a positive future outlook which could see the Kingdom maintain its position as one of the highest growth economies in the world.
- Exchange rate, the KHR to USD strengthened slightly to 4,020 KHR per USD, while the USD index was slightly down to 107.91.
- Looking at global commodities, oil prices dipped on Wednesday, giving up some of last session's gains, as a rise in U.S. crude stockpiles and easing worries over Libyan supplies weighed, although potential U.S. tariffs on Canadian and Mexican imports checked losses.
- Brent crude futures fell 7 cents, or 0.1%, to $77.42 US dollars a barrel.
- Gold was little changed as market participants awaited the U.S. Federal Reserve's interest rate verdict, while also focussing on President Donald Trump's trade policies amid fresh tariff threats.
- Spot gold shed 0.1% to $2,759.34 US dollars per ounce. U.S. gold futures were flat at $2,765.80 US dollars.
- Stock futures were near the flatline as investors turned toward the first U.S. Federal Reserve interest rate decision of 2025.
- As of the time of the Cambodian market’s closing, Futures tied to the Dow Jones Industrial Average inched down 11 points, or 0.02%. Nasdaq 100 futures were 0.06% higher, while S&P 500 futures were flat.
Watch the 29 January 2025 market update in Khmer below: