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B2B Asia News
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This is a B2B Cambodia Market Update for 7 February 2025, reviewing the Cambodia Securities Exchange (CSX) and global markets.
Watch the video in English above.
- The Cambodia Securities Exchange Index stayed flat at 408.55. Total trade volume was up with 35,093 shares changing hands at a total value of 215.5 million KHR or approximately $53,800 US dollars.
- On the main board, five stocks were up, while two were down. Grand Twins International led the market, up 1.47% or 80 riel to 5,540 KHR per share, followed by Phnom Penh Autonomous Port, which was up 1.29% or 180 KHR to 14,080 KHR per share. Other stocks up were Royal Group Phnom Penh SEZ, MJQ Education and ACLEDA Bank.
- On the downside, both Pestech Cambodia and MJQ Education dropped 0.41% or 10 KHR to 2,420 KHR per share and 2,430 riel per share respectively.
- Meanwhile, two stocks – Phnom Penh Water Supply Authority and Sihanoukville Autonomous Port – remained flat.
- Over on the growth board, both DBD Engineering and JS Land stayed flat at 2,070 KHR per share and 3,060 KHR per share respectively.
- ACLEDA Bank once again recorded the highest trade volume of the day with 19,964 shares changing hands at a total value of 143 million KHR , or over $35,700 US dollars, roughly 57% of Friday’s trade volume.
- Grand Twins International also once again recorded the second highest trade volume of the day with 6,320 shares changing hands at a total value of 34.8 million KHR or close to $8,700 US dollars, approximately 18% of February 7th’s trade volume.
- Exchange rate, the KHR to USD remained stable at 4,017 KHR per USD, while the USD index was down to 107.63.
- Looking at global commodities, oil prices saw a bit of a surge in early Asian trading on Friday but continued on the path of a third consecutive weekly drop. The reason behind the drop was because of U.S. President Donald Trump’s latest trade tensions with China and potential tariff hikes on other nations.
- Brent crude futures increased by 15 cents, reaching $74.44 US dollars per barrel.
- Gold prices rose, hovering near record-high levels and set for a sixth successive weekly gain, as trade war concerns fuelled safe-haven buying ahead of the key U.S. payrolls report.
- Spot gold was up 0.3% at $2,864.11 US dollars per ounce, and has gained more than 2% this week. Bullion hit an all-time high at $2,882.16 US dollars on Wednesday.
- Stock futures were little changed early Friday as January’s big jobs report loomed.
- Futures tied to the Dow Jones Industrial Average lost 34 points, or 0.08%. S&P 500 futures and Nasdaq 100 futures also traded near the flatline.
Watch the 7 February 2025 market update in Khmer below: