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6 January 2025 - Market Update - B2B Cambodia

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6 January 2025 - Market Update - B2B Cambodia
B2B Cambodia Market Update - 6 January 2025

This is a B2B Cambodia Market Update for 6 January 2025, reviewing the Cambodia Securities Exchange (CSX) and global markets.

Watch the video in English above.

  • The Cambodia Securities Exchange Index was down 0.53 points, or 0.13% to 410.14.
  • Total trade volume was up with 48,372 shares changing hands at a total value of over 261.3 million KHR or approximately $64,900 US dollars.
  • On the main board, two stocks were up. MJQ Education led the market, up 0.48% or 10 KHR to 2,080 KHR per share, followed by Royal Group Phnom Penh SEZ, which was up 0.46% or 10 KHR to 2,170 KHR per share.
  • On the downside, six stocks were down. The biggest loser of the day was Pestech Cambodia, dropping 0.83% or 20 KHR to 2,400 KHR per share, followed by Grand Twins International, which was down 0.79% or 40 KHR to 5,040 KHR per share. Other stocks down were the Phnom Penh Water Supply Authority, Phnom Penh Autonomous Port, Sihanoukville Autonomous Port and ACLEDA Bank. Meanwhile, CAMGSM stayed flat.
  • Over on the growth board, JS Land dropped 1.75% or 60 KHR to 3,360 KHR per share, while DBD Engineering remained flat.
     
  • ACLEDA Bank recorded the highest trade volume of the day, with 15,911 shares changing hands at a total value of 117 million KHR or roughly $29,000 US dollars, which is 33% of total shares traded on January 6th.
  • Phnom Penh Water Supply Authority recorded the second highest trade volume of the day, with 10,261 shares changing hands at the total value of 64 million KHR or $16,000 US dollars, approximately 21% of Monday’s trade volume.
     
  • Exchange rate, the KHR to USD weakened slightly to 4,033 KHR per USD, while the USD index was down to 108.50.
     
  • Looking at global commodities, oil prices dipped on Monday amid a strong U.S. dollar ahead of key economic data by the U.S. Federal Reserve and U.S. payrolls later in the week.
  • Brent crude futures slid 28 cents, or 0.4%, to $76.23 US dollars a barrel after settling on Friday at its highest since October 14.
  • Gold prices remained steady as investors awaited key US economic data, including the December nonfarm payrolls report. Spot gold was flat at $2,635.39 per ounce, while US gold futures dipped 0.2% to $2,646.80 US dollars per ounce.
  • Spot gold was flat at $2,655.38 US dollars per ounce, hitting its highest level since December 13th earlier in the session. 
  • Bullion is up about 1.3% for the week so far.
     
  • U.S. equity futures were little changed Monday morning as investors looked forward to jobs data in another shortened trading week.
  • Futures tied to the Dow Jones Industrial Average were flat, S&P 500 futures added 0.16%, and Nasdaq 100 futures rose 0.24%.

Watch the 6 January 2025 market update in Khmer below: