9 April 2025 - Market Update - B2B Cambodia

This is a B2B Cambodia Market Update for 9 April 2025, reviewing the Cambodia Securities Exchange (CSX) and global markets.

Watch the video in English above.

• The Cambodia Securities Exchange Index was up 0.3 points or 0.07%% to 406.33. 
• Total trade volume was up to 71,931 shares changing hands at a total value of 428 million riel or close to $108,000 US dollars. 
• On the main board, three stocks were up. Leading the market was CAMGSM, up 0.83% or 20 riel to 2,420 riel per share, followed by MJQ Education, which was up 0.48% or 10 riel to 2,110 riel per share. Sihanoukville Autonomous Port was also up 20 riel to 11,860  riel per share. 
• On the downside, six stocks were down. The biggest loser of the day was Grand Twins International, down 1.57% or 100 riel to 6,280 riel per share, followed by Royal Group Phnom Penh SEZ, which dropped 0.92% or 20 riel to 2,150 riel per share. Other stocks also down were Phnom Penh Water Supply Authority, Phnom Penh Autonomous Port, ACLEDA Bank and Pestech Cambodia.
• Over on the growth board, JS Land was up 1.29% or 40 riel to 3,140 riel per share, and DBD Engineering was up 0.48% or 10 riel to 2,090 riel per share. 
   
• ACLEDA Bank recorded the highest trade volume of the day with 36,813 shares changing hands at a total value of 257 million riel or close to $65,000 US dollars, about 51% of Wednesday’s trade volume.
• Grand Twins International, recorded the second highest trade volume of the day with 16,486 shares changing hands at a total value of 102.6 million riel or nearly $26,000 US dollars,  approximately 23% of April 9th’s trade volume. 
   
• Moving on to the exchange rate, the KHR to USD weakened slightly to 4,005 riel per USD, while the USD index was down to 102.34.
   
• Looking at global commodities, oil prices fell for a fifth day to their lowest since February 2021 on Wednesday on looming demand concerns fuelled by an escalating tariff war between the U.S. and China, the world's two biggest economies, and a rising supply outlook.
• Brent futures dropped $1.39 dollars, or 2.21%, to $61.43 US dollars a barrel. U.S. West Texas Intermediate crude futures fell $1.50 dollars, or 2.52%, to $58.08 US dollars. Both contracts lost as much as 4% before paring some losses. (0655 GMT)
• Gold prices firmed as traders sought the safe-haven asset after U.S. President Donald Trump's "reciprocal" tariffs came into effect, while a weaker dollar and the rising prospect of U.S. rate cuts lent support.
• Spot gold rose 2.1% at $3,047.68 US dollars an ounce. U.S. gold futures gained 2.5% to $3,066.20 US dollars. (0819 GMT)
   
• Stock futures fell early Wednesday, as investors braced for the rollout of Trump’s tariffs. The S&P 500 was inches away from a bear market, under pressure in recent days from the worst selling since the outbreak of the pandemic in 2020.
• As of the time of the Cambodian market’s closing, Futures tied to the Dow Jones Industrial Average dropped 583 points, or 1.54%. Nasdaq-100 futures declined 1.21%, while S&P 500 futures pulled back 1.53%.
• Global markets were pummelled as Trump's 104% tariffs on China took effect, and a savage selloff in U.S. bonds sparked fears that foreign funds were fleeing U.S. assets.
• This week has brought crisis-era volatility to markets, wiping off trillions of dollars in value from stocks and hitting commodities and emerging markets with force.

Watch the 9 April 2025 market update in Khmer below: