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B2B Asia News
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This is a B2B Cambodia Market Update for 3 March 2025, reviewing the Cambodia Securities Exchange (CSX) and global markets.
Watch the video in English above.
- The Cambodia Securities Exchange Index was down 1.16 points, or 0.28%, to 412.25.
- Total trade volume was up with 58,299 shares changing hands at a total value of 325.3 million riel, or over $81,300 US dollars.
- On the main board, two stocks were up. Leading the market was Grand Twins International, up 0.33% or 20 riel to 6,060 riel per share, followed by Phnom Penh Water Supply Authority, which was up 0.32% or 20 riel to 6,300 riel per share.
- On the downside, three stocks were down. The biggest loser of the day was Phnom Penh Autonomous Port, dropping 2.31% or 340 riel to 14,380 riel per share, followed by ACLEDA Bank, which was down 0.82% or 60 riel to 7,280 riel per share, and Pestech Cambodia, which was also down 10 riel to 2,420 riel per share.
- The four other stocks on the main board remained flat.
- ACLEDA Bank once again recorded the highest trade volume of the day with 24,738 shares changing hands at a total value of 180.9 million riel or over $45,200 US dollars, about 42% of Monday’s trade volume.
- Grand Twins International, recorded the second highest trade volume of the day with 8,873 shares changing hands at a total value of 53 million riel or over $13,300 US dollars, approximately 15% of March 3rd’s trade volume.
- In other market news, ACLEDA Bank Plc. has become the first commercial bank to obtain authorisation to act as a government securities intermediary. Investors now have two options to buy government bonds issued by the Ministry of Economy and Finance: through bidding via the National Bank of Cambodia Platform (NBCP) or through ACLEDA Bank as the government bond securities intermediary.
- His Excellency Sou Socheat, Director General of the SERC, emphasised during the official announcement event that government bonds are considered a zero-risk investment. Investing in government securities means that it’s not just for the investor’s gain, but also contributes to the development of Cambodia’s financial market.
- Exchange rate, the KHR to USD remained stable at 4,011 riel per USD, while the USD index was slightly down to 107.02.
- Looking at global commodities, oil edged up on Monday as upbeat manufacturing data from China, the world's biggest crude importer, led to renewed optimism for fuel demand, although uncertainty about a Ukraine peace deal and global economic growth from potential U.S. tariffs loomed.
- Brent crude climbed 19 cents, or 0.3%, to $73 US dollars a barrel while U.S. West Texas Intermediate crude was at $69.95 US dollars a barrel, up 19 cents, or 0.3%. (0720 GMT)
- Gold prices firmed after hitting a more than three-week low in the previous session, supported by a weaker dollar and safe-haven buying triggered by concern over U.S. President Donald Trump's tariff policies.
- Spot gold gained 0.3% to $2,868.54 US dollars an ounce. U.S. gold futures rose 1% to $2,878.9 US dollars. (0939 GMT)
- Stock futures edged up early Monday amid continued uncertainty surrounding President Donald Trump’s plans to impose tariffs on key U.S. trading partners this week.
- As of the time of the Cambodian market’s closing, Futures for the Dow Jones Industrial Average gained 47 points. S&P 500 futures ticked up 0.2% and Nasdaq 100 futures gained 0.25%.
Watch the 3 March 2025 market update in Khmer below: