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B2B Asia News
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This is a B2B Cambodia Market Update for 4 March 2025, reviewing the Cambodia Securities Exchange (CSX) and global markets.
Watch the video in English above.
- The Cambodia Securities Exchange Index was up 1.01 points, or 0.24%, to 413.26.
- Total trade volume was up with 67,109 shares changing hands at a total value of 384 million riel, or over $96,000 US dollars.
- On the main board, five stocks were up and not a single stock was down.
- Leading the market was Pestech Cambodia, up 2.89% or 70 riel to 2,490 riel per share, followed by ACLEDA Bank, which was up 0.55% or 40 riel to 7,320 riel per share. Sihanoukville Autonomous Port, Royal Group Phnom Penh SEZ and Phnom Penh Autonomous Port were also up.
- The remaining four stocks on the main board remained flat.
- Over on the growth board, JS Land was up 0.33% or 10 riel to 3,060 riel per share, while DBD Engineering remained flat at 2,100 riel per share.
- ACLEDA Bank once again recorded the highest trade volume of the day with 36,579 shares changing hands at a total value of 266 million riel or close to $67,000 US dollars, about 37% of Tuesday’s trade volume.
- CAMGSM recorded the second highest trade volume of the day with 13,494 shares changing hands at a total value of 32.7 million riel or over $8,200 US dollars, approximately 20% of March 4th’s trade volume.
- Exchange rate, the KHR to USD strengthened to 4,009 riel per USD, while the USD index was slightly down to 106.27.
- Looking at global commodities, oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a planned output increase in April and as markets braced for the start of U.S. tariffs on Canada, Mexico and China, as well as Beijing's retaliatory tariffs.
- Brent futures were down 90 cents, or 1.26%, to $70.72 US dollars a barrel, while U.S. West Texas Intermediate (WTI) crude was off 79 cents, or 1.16%, to $67.58 US dollars. (0827 GMT)
- Gold prices inched higher, supported by fears of a global trade war as U.S. President Donald Trump's new tariffs on imports from Canada and Mexico came into effect, along with a doubling of duties on goods from China.
- Spot gold was up 0.2% at $2,898.25 US dollars an ounce after rising nearly 1% on Monday. U.S. gold futures gained 0.2% to $2,907.90 US dollars. (0805 GMT)
- U.S. stock futures inched higher early Tuesday after the three major averages sold off sharply.
- Investors also awaited President Donald Trump’s tariffs on Canada and Mexico, which he said would take effect on Tuesday.
- As of the time of the Cambodian market’s closing, Futures tied to the Dow Jones Industrial Average added 74 points, or 0.17%. S&P 500 futures and Nasdaq 100 futures added 0.29% and 0.44%, respectively.
Watch the 4 March 2025 market update in Khmer below: