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B2B Asia News
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This is a B2B Cambodia Market Update for 7 April 2025, reviewing the Cambodia Securities Exchange (CSX) and global markets.
Watch the video in English above.
- The Cambodia Securities Exchange Index was down 2.08 points or 0.51% to 404.65.
- Total trade volume was up with 85,275 shares changing hands at a total value of 433 million riel or over $107,500 US dollars.
- On the main board, three stocks were up. Leading the market was Grand Twins International, up 0.63% or 40 riel to 6,440 riel per share, followed by Acleda Bank, up 0.57% or 40 riel to 7,040 riel per share. MJQ Education was also up 10 riel to 2,110 riel per share.
- On the downside, five stocks were down. The biggest loser of the day was Pestech Cambodia, which dropped 1.54% or 40 riel to 2,560 riel per share, followed by Sihanoukville Autonomous Port, down 1.36% or 160 to 11,640 riel per share. Other stocks also down were Phnom Penh Water Supply Authority, Royal Group Phnom Penh SEZ, and CAMGSM.
- Meanwhile, Phnom Penh Autonomous Port remained flat.
- Over on the growth board, DBD Engineering was down 0.48% or 10 riel to 2,090 riel per share, while JS Land remained flat at 3,090 riel per share.
- Acleda Bank recorded the highest trade volume of the day with 36,027 shares changing hands at a total value of 252 million riel or over $62,600 US dollars, about 42% of Monday’s trade volume.
- CAMGSM recorded the second highest trade volume of the day with 18,783 shares changing hands at a total value of 45 million riel or over $11,000 US dollars, approximately 22% of April 7th’s trade volume.
- Moving on to the exchange rate, the KHR to USD was stable at 4,002 riel per USD, while the USD index was slightly up to 102.90.
- Looking at global commodities, oil prices extended losses on Monday, falling nearly 4% as escalating trade tensions between the United States and China stoked fears of a recession that would reduce demand for crude while OPEC+ readies a supply increase.
- The Brent and West Texas Intermediate crude benchmarks both dropped to their lowest since April 2021. Brent futures lost $2.43 dollars, or 3.7%, to $63.15 US dollars a barrel, and U.S. West Texas Intermediate crude futures were down $2.42 dollars, or 3.9%, at $59.57 US dollars. (1009 GMT)
- Oil had plunged by 7% on Friday as China ramped up its reciprocal tariffs on U.S. goods. Last week Brent and WTI lost 10.9% and 10.6%, respectively.
- Gold prices held steady on Monday, bolstered by strong central bank demand and the potential for an early U.S. Federal Reserve rate cut, but gains were capped as some investors sold bullion to cover losses in other trades.
- Spot gold edged down by 0.2% to $3,029.04 US dollars an ounce, after hitting a session low of $2,971.09 US dollars earlier in the session. U.S. gold futures rose 0.4% to $3,046.20 US dollars. (0909 GMT)
- U.S. stock futures were pummeled once again on Monday as the White House remained defiant after President Donald Trump’s rollout of shockingly high tariff rates on most key U.S. trading partners has sparked a historic three-day market meltdown.
- As of the time of the Cambodian market’s closing, S&P 500 futures shed 3.8% with the benchmark poised to enter bear market territory (a drop of 20% or more from its recent peak*) when official trading begins. It closed Friday down 17.4% from its closing record touched in February. Dow Jones Industrial average futures fell 1,376 points, or 3.6%.
- Nasdaq-100 futures lost 4.1% as investors continued to shed their one-time tech winners to raise cash.
Watch the 7 April 2025 market update in Khmer below: