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B2B Asia News
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This is a B2B Cambodia Market Update for 8 May 2025, reviewing the Cambodia Securities Exchange (CSX) and global markets.
Watch the video in English above.
- The Cambodia Securities Exchange Index was up 1.09 points, or 0.27%, to 406.82.
- Total trade volume was down to 83,264 shares changing hands at a total value of 319.5 million riel, or nearly $80,000 US dollars.
- On the main board, four stocks were up. Leading the market was Pestech Cambodia, up 6.25% or 160 riel to 2,720 riel per share, followed by Phnom Penh Water Supply Authority, up 0.64% or 40 riel to 6,300 riel per share. Other stocks also up were Sihanoukville Autonomous Port and ACLEDA Bank.
- On the other hand, the biggest loser of the day was Grand Twins International, dropping 0.56% or 40 riel to 7,080 riel per share, followed by MJQ Education, which dropped 0.46% or 10 riel to 2,150 riel per share. Phnom Penh Autonomous Port also dropped 20 riel to 14,140 riel per share.
- Meanwhile, Royal Group Phnom Penh SEZ and CAMGSM remained flat.
- Over on the growth board, both stocks were up. JS Land was up 9.21% or 290 riel to 3,440 riel per share, while DBD Engineering rose 0.48% or 10 riel to 2,100 riel per share.
- MJQ Education recorded the highest trade volume of the day with 33,747 shares changing hands at a total value of 72.7 million riel or over $22,000 US dollars, roughly 40% of Thursday’s total trade volume.
- ACLEDA Bank recorded the second highest trade volume of the day, with 17,789 shares changing hands at a total value of 122 million riel or over $30,500 US dollars, approximately 21% of May 8th’s trade volume.
- In other market news, Royal Group Phnom Penh SEZ reported an increase in revenue in its Q1 2025 report. The company’s sales in the 1st quarter were substantially higher compared to the same quarter in 2024, resulting in a substantial increase in net profit by over 5000%. The company explained that the increase in revenue was mainly due to a quarter on quarter increase in land sales.
- Moving on to the exchange rate, the KHR to USD weakened slightly to 4,004 riel per USD, while the USD index was slightly up to 100.10.
- Looking at global commodities, oil prices held steady on Thursday, supported by hopes of a breakthrough in looming trade talks between the U.S. an China, the world's two largest oil consumers.
- Brent crude futures were up 43 cents, or 0.7%, at $61.55 US dollars a barrel, while U.S. West Texas Intermediate crude rose 49 cents, or 0.8% to $58.56 US dollars a barrel (0803 GMT).
- Gold reversed course after reports of U.S. President Donald Trump signing a potential trade deal with Britain weighed on sentiment, while investors awaited the outcome of U.S.-China trade talks this weekend.
- Spot gold was down 0.8% to $3,336.49 US dollars an ounce. The metal had risen more than 1% earlier in the session.
- U.S. gold futures were down 1.4% to $3,345 US dollars. (0618 GMT)
- Stock futures were slightly higher early Thursday on the heels of the U.S. Federal Reserve holding steady on rates as it highlighted rising inflation and unemployment risks.
- As of the time of the Cambodian market’s closing, S&P 500 futures traded 0.73% higher.
- Futures tied to the Dow Jones Industrial Average added 222 points, or 0.54%. Nasdaq-100 futures rose 1%.
Watch the 8 May 2025 market update in Khmer below: