30 January 2025 - Market Update - B2B Cambodia

This is a B2B Cambodia Market Update for 30 January 2025, reviewing the Cambodia Securities Exchange (CSX) and global markets.

Watch the video in English above.

• The Cambodia Securities Exchange Index was up 1.07 points, or 0.26% to 411.1. 
• Total trade volume was down with 21,983 shares changing hands at a total value of 110.9 million KHR or approximately $27,650 US dollars.
• On the main board, 7 stocks were up. Royal Group Phnom Penh SEZ led the market, up 0.93% or 20 KHR to 2,160 KHR per share, followed by Pestech Cambodia, which was up 
  0.43% or 10 KHR to 2,350 KHR per share.
• Other stocks up were the Phnom Penh Water Supply Authority, Grand Twins International, Phnom Penh Autonomous Port, Sihanoukville Autonomous and CAMGSM.
• The remaining two stocks on the main board, ACLEDA Bank and MJQ Education, remained flat.
• Over on the growth board, both stocks were also flat.
   
• ACLEDA Bank once again recorded the highest trade volume of the day with 9,946 shares changing hands at a total value of 72.3 million KHR , or over $18,000 US dollars, roughly 45% of Thursday’s trade volume.
• Royal Group Phnom Penh SEZ recorded the second highest trade volume of the day with 2,835 shares changing hands at a total value of 6 million KHR or around $1,500 US dollars, approximately 13% of the total trade volume on January 30th.
   
• In other market news, the Ministry of Economy and Finance has announced the issuance of the 30th government bond with an aggregate amount of 24,000 units. Each unit has a denomination with a nominal value, or face value, of  1 million KHR , and an issue price ranging from 995,607 KHR to  998,044 KHR per unit. Based on this, the total  bond value is 24 billion KHR , or approximately $6 million US dollars. The bond has a maturity of 1 year, from 2025 to 2026, with a coupon rate of 2.8% per annum.
   
• Exchange rate, the KHR to USD was stable at 4,020 KHR per USD, while the USD index was slightly up to 107.95.
   
• Looking at global commodities, oil prices were little changed on Thursday as markets braced for threatened tariffs by U.S. President Donald Trump on Mexico and Canada, the two largest suppliers of crude oil to the United States, and awaited a meeting of OPEC+ producers.
• Brent crude futures were down 7 cents, or 0.09%, at $76.51 US dollars a barrel. U.S. crude futures were little changed at 2 cents up, or 0.03%, to $72.64 US dollars. U.S. crude futures settled at their lowest price this year on Wednesday.
• Gold edged higher on a softer dollar, while investors focused on U.S. President Donald Trump's tariff plans and a key inflation report for further monetary policy cues.
• Spot gold was up 0.4% at $2,770.45 US dollars per ounce. U.S. gold futures climbed 0.6% to $2,785.10 US dollars.
• Investors are now awaiting the December U.S. personal consumption expenditures (PCE) price index report, due on Friday, to assess the inflation trajectory.
• The U.S. Federal Reserve held interest rates steady on Wednesday and Chair Jerome Powell said there would be no rush to cut them again until inflation and jobs data made it appropriate to do so.
• Bullion is considered a hedge against inflation, but higher interest rates dampen the non-yielding bullion's appeal.
   
• U.S. stock futures rose Wednesday night as Wall Street digested recent quarterly results from a slew of megacap tech companies.
• As of the time of the Cambodian market’s closing, S&P 500 futures added 0.35%, while Nasdaq 100 futures advanced 0.62%. Futures tied to the Dow Jones Industrial Average
  also climbed 84 points, or 0.19%.

Watch the 30 January 2025 market update in Khmer below: