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B2B Asia News
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This is a B2B Cambodia Market Update for 8 April 2025, reviewing the Cambodia Securities Exchange (CSX) and global markets.
Watch the video in English above.
- The Cambodia Securities Exchange Index was up 1.38 points or 0.34% to 406.03.
- Total trade volume was down with 44,990 shares changing hands at a total value of 239 million riel or over $59,600 US dollars.
- On the main board, six stocks were up. Leading the market was Sihanoukville Autonomous Port up 1.72% or 200 riel to 11,840 riel per share, followed by Royal Group Phnom Penh SEZ, which was up 1.40% or 30 riel to 2,170 riel per share. Other stocks also up were Phnom Penh Water Supply Authority, Phnom Penh Autonomous Port, Pestech Cambodia, and CAMGSM.
- On the downside, the biggest loser of the day was Grand Twins International, down 0.93% or 60 riel to 6,380 riel per share, followed by MJQ Education, dropping 0.47% or 10 riel to 2,100 riel per share. Meanwhile, ACLEDA Bank remained flat.
- Over on the growth board, JS Land was up 0.32% or 10 riel to 3,100 riel per share, while DBD Engineering dropped 0.48% or 10 riel to 2,080 riel per share.
- Acleda Bank recorded the highest trade volume of the day with 20,110 shares changing hands at a total value of 140.9 million riel or over $35,000 US dollars, about 45% of Tuesday’s trade volume.
- Grand Twins International, recorded the second highest trade volume of the day with 7,125 shares changing hands at a total value of 45 million riel or over $11,000 US dollars, approximately 16% of April 8th’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 up to 103.14.
- Looking at global commodities, oil prices were up around 1% on Tuesday, rebounding from a near four-year low in the previous session on concerns that U.S. tariffs might depress demand and lead to a global recession.
- Brent futures were up 66 cents, or 1%, at $64.87 US dollars per barrel, while U.S. West Texas Intermediate crude futures rose 67 cents, or 1.1%, to $61.37 US dollars. (0650 GMT)
- As of Monday, Brent and WTI had slumped 14% and 15% respectively following U.S. President Donald Trump's April 2nd announcement of "reciprocal tariffs" on all imports.
- Gold prices rebounded as investors bought the dip a day after the metal hit a nearly four-week low, amid increased market volatility and a widening trade war.
- Spot gold gained 0.8% to $3,005.38 US dollars an ounce. On Monday, bullion hit its lowest level since March 13th. U.S. gold futures rose 1.6% to $3,019.60 US dollars. (0605 GMT)
- Stock futures rose early Tuesday after the S&P 500 extended its losses for a third day following President Donald Trump’s tariff rollout.
- As of the time of the Cambodian market’s closing, Futures tied to the S&P 500 were up 1.05%, while Nasdaq-100 futures gained about 0.83%.
- Dow futures jumped 593 points, or 1.55%.
- The moves come after yet another volatile trading day on Wall Street, which saw the highest trading volume in at least 18 years at roughly 29 billion shares.
- At one point in Monday’s session, stocks saw a sharp rise into the green after speculation on social media of a tariff pause. The White House later told CNBC, however, that any chatter of a 90-day tariff reprieve was “fake news,” leading the indexes to pull back.
- Treasury Secretary Scott Bessent suggested in an interview with Fox News Monday that tariff negotiations with other countries could last until June. He said that “maybe almost 70” countries, including Japan, have contacted the White House regarding negotiating tariffs.
Watch the 8 April 2025 market update in Khmer below: