9 January 2025 - Market Update - B2B Cambodia

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

Watch the video in English above.

• The Cambodia Securities Exchange Index was down 1.27 points, or 0.31% to 407.27.
• Total trade volume was up with 56,808 shares changing hands at a total value of over 252 million KHR or approximately $62,500 US dollars.
• Not a single stock was up on the main board. Five stocks were down and four stayed flat. The biggest loser of the day was the Phnom Penh Autonomous Port, dropping 1.45% or 200 KHR to  13,600 KHR per share, followed by the Sihanoukville Autonomous Port, which was down 0.85% or 100 KHR to 11,700 KHR per share. ACLEAD Bank, Pestech Cambodia and MJQ Education were also down.
• Meanwhile, Royal Group Phnom Penh SEZ, Grand Twins International, the Phnom Penh Water Supply Authority and CAMGSM remained flat.
• Over on the growth board, both stocks were down. JS Land dropped 1.17% or 40 KHR to  3,380 KHR per share, while DBD Engineering decreased 0.49% or  10 KHR to 2,030 KHR per share.
   
• CAMGSM recorded the highest trade volume of the day with 22,140 shares changing hands at a total value of 53 million KHR or $13,200 US dollars, which is 39% of total shares traded on January 9th.
• The Phnom Penh Water Supply Authority recorded the second highest trade volume of the day with 11,766 shares changing hands at a total value of 73.8 million KHR or $18,300 US dollars, approximately 21% of Thursday’s trade volume.
   
• Moving on to the exchange rate, the KHR to USD weakened slightly to 4,039 KHR per USD, while the USD index was up to 109.13.
   
• Looking at global commodities, oil prices were little changed on Thursday, with investors weighing firm winter fuel demand expectations against large builds of fuel inventories in the U.S., the world's biggest oil user, and macroeconomic concerns.
• Brent crude futures fell 6 cents to $76.1 US dollars a barrel. The benchmark fell more than 1% on Wednesday as a stronger dollar and the bigger-than-expected rise in U.S. fuel stockpiles weighed on prices.
• Gold prices hovered near a four-week peak, while focus shifted to a jobs report due on Friday for clarity on the U.S. Federal Reserve's 2025 interest rate path.
• Spot gold edged 0.1% higher to $2,664.30 US dollars per ounce, U.S. gold futures rose 0.4% to $2,681.80 US dollars.
   
• US stock markets were closed on Thursday in observance of a National Day of Mourning for former President Jimmy Carter who passed away on December 29th at 100 years of age. After closing flat on Wednesday, US markets will open again on Friday.

Watch the 9 January 2025 market update in Khmer below: