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B2B Asia News
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This is a B2B Cambodia Market Update for 5 March 2025, reviewing the Cambodia Securities Exchange (CSX) and global markets.
Watch the video in English above.
- The Cambodia Securities Exchange Index was up 0.17 points, or 0.04%, to 413.43.
- Total trade volume was up with 74,133 shares changing hands at a total value of 491 million riel, or over $123,300 US dollars.
- On the main board, three stocks were up and two were down. Leading the market was Grand Twins International, up 0.66% or 40 riel to 6,100 riel per share, followed by Royal Group Phnom Penh SEZ, which was up 0.46% or 10 riel to 2,170 riel per share, and ACLEDA Bank, which was up 20 riel to 7,340 riel per share.
- On the downside, the biggest loser of the day was Phnom Penh Autonomous Port, down 1.39% or 200 riel to 14,200 riel per share, followed by Pestech Cambodia, which dropped 1.20% or 30 riel to 2,460 riel per share.
- The remaining four stocks on the main board remained flat.
- Over on the growth board, both DBD Engineering and JS land were unchanged at 2,100 riel and 3,060 riel per share respectively.
- ACLEDA Bank once again recorded the highest trade volume of the day with 53,693 shares changing hands at a total value of 394.8 million riel or over $99,000 US dollars, about 72% of Wednesday’s trade volume.
- MJQ Education recorded the second highest trade volume of the day with 5,555 shares changing hands at a total value of 11.7 million riel or $2,940 US dollars, approximately 7% of March 5th’s trade volume.
- In other market news, ACLEDA Bank Plc finalised the second tranche issuance for its subordinated bond subscription for qualified investors, with a total amount of over 14 million US dollars.
- According to the bank’s disclosure notice on the CSX, on March 3 and 4, ACLEDA Bank successfully conducted the second tranche subscription for its subordinated bond. The first tranche collection was held on January 22nd, raising over 85.8 million US dollars.
- Exchange rate, the KHR to USD weakened to 4,011 riel per USD, while the USD index was down to 104.89.
- Looking at global commodities, oil prices steadied on Wednesday after hitting multi-month lows in the previous session, but remained under pressure as the market eyed plans by major producers to raise output in April as well as U.S. tariffs on Canada, Mexico and China.
- Brent futures inched 6 cents up, or 0.1%, to $71.10 US dollars a barrel. U.S. West Texas Intermediate (WTI) crude dipped 24 cents, or 0.4%, to $68.02 US dollars a barrel. (0730 GMT)
- In the previous session, the contracts settled at close to multi-month lows, weighed by concerns that the U.S. tariffs and counter-tariffs by the affected countries will slow economic growth and reduce fuel demand.
- Gold erased earlier losses and held steady, helped by a weakening U.S. dollar and safe-haven demand as markets continued to track possible impacts of U.S. President Donald Trump's fresh tariffs.
- Spot gold was little changed at $2,915.48 US dollars an ounce, after rising nearly 1% on Tuesday, while U.S. gold futures rose 0.2% to $2,926.20 US dollars. (0730 GMT)
- U.S. stock futures rose early Wednesday after all three major averages suffered sharp losses for a second session.
- As of the time of the Cambodian market’s closing, Futures tied to the Dow Jones Industrial Average rose 255 points, or 0.6%. S&P 500 futures and Nasdaq 100 futures each added about 0.73% and 0.93% respectively.
Watch the 5 March 2025 market update in Khmer below: