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B2B Asia News
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This is a B2B Cambodia Market Update for 3 April 2025, reviewing the Cambodia Securities Exchange (CSX) and global markets.
Watch the video in English above.
- The Cambodia Securities Exchange Index was down 1.29 points or 0.32% to 407.82.
- Total trade volume was up to 139,321 shares changing hands at a total value of 850 million riel or over $214,500 US dollars.
- On the main board, two stocks were up, six were down and one stayed flat. Leading the market was Sihanoukville Autonomous Port, up 0.34% or 40 riel to 11,840 riel per share, followed by Phnom Penh Autonomous Port, up 0.28% or 40 riel to 14,120 riel per share.
- On the downside, the biggest loser of the day was Pestech Cambodia, which dropped 1.12% or 30 riel to 2,650 riel per share, followed by Phnom Penh Water Supply Authority, which was down 0.95% or 60 riel to 6,280 riel per share. Other stocks down were Grand Twins International, Royal Group Phnom Penh SEZ, Acleda Bank and MJQ Education. CAMGSM was the one stock that remained flat.
- Over on the growth board, JS Land dropped 1.58% or 50 riel to 3,110 riel per share, while DBD Engineering remained flat at 2,090 riel per share.
- Acleda Bank recorded the highest trade volume of the day with 84,571 shares changing hands at a total value of 592.8 million riel or nearly $150,000 US dollars, about 61% of Thursday’s trade volume.
- Grand Twins International recorded the second highest trade volume of the day with 23,191 shares changing hands at a total value of 148 million riel or a little under $4,000 US dollars, approximately 17% of April 3rd’s trade volume.
- Moving on to the exchange rate, the KHR to USD was again stable at 4,000 riel per USD, while the USD index was down to 102.07.
- Looking at global commodities, oil prices fell by as much as 3% on Thursday after U.S. President Donald Trump announced sweeping new tariffs that investors worry will enflame a global trade war that will curtail economic growth and limit fuel demand.
- Brent futures were down $1.97 dollars, or 2.63%, to $72.98 US dollars a barrel after dropping by as much as 3.2% earlier, the biggest daily percentage decline since March 5th.
- U.S. West Texas Intermediate crude futures were down $2.01 dollars, or 2.80%, to $69.70 US dollars after slipping by as much as 3.4% earlier. (0635 GMT)
- Gold prices took a breather after surging to yet another all-time high after Trump's announcement of broad import tariffs drove investors to the safe-haven asset.
- Spot gold was steady at $3,130.21 US dollars amid some profit-taking, after hitting a record peak of $3,167.57 US dollars earlier in the session.
- U.S. gold futures were down 0.4% to $3,154.10 US dollars. (0834 GMT)
- U.S. stock futures cratered as President Trump unveiled a universal tariff of 10% applied to all goods imported to the United States, and even higher ‘reciprocal tariffs’ for some countries, including Cambodia which was hit with a 49% tariff, the highest in the Southeast Asian region. These tariffs have raised the risk of a global trade war, hitting an already sputtering U.S. economy.
- As of the time of the Cambodian market’s closing, Futures tied to the Dow Jones Industrial Average lost 992 points, or 2.33%.
- S&P 500 futures dropped 2.8% while Nasdaq-100 futures lost 3.06%.
Watch the 3 April 2025 market update in Khmer below: