17 March 2025 - Market Update - B2B Cambodia

This is a B2B Cambodia Market Update for 17 March 2025, reviewing the Cambodia Securities Exchange (CSX) and global markets.

Watch the video in English above.

• The Cambodia Securities Exchange Index was up 1.18 points, or 0.29%, to 413.46. 
• Total trade volume was up with 69,234 shares changing hands at a total value of 445.6 million riel, or over $111,000 US dollars.
• On the main board, five stocks were up. Leading the market was CAMGSM, up 
  0.41% or 10 riel to 2,440 riel per share, followed by Pestech Cambodia, which was up 0.40% or 10 riel to 2,540 riel per share. Other stocks also up were Phnom Penh Autonomous Port, Acleda Bank, and Sihanoukville Autonomous Port.
• On the downside, Royal Group Phnom Penh SEZ was the biggest loser of the day, dropping 0.46% or 10 riel to 2,180 riel per share, followed by Grand Twins International, which dropped 0.33% or 20 riel to 6,020 riel per share.
• Meanwhile, the other two stocks on the main board stayed flat.
• Over on the growth board, JS Land was up 0.33% or 10 riel to 3,060 riel per share, while DBD Engineering stayed flat at 2,100 riel per share.
   
• ACLEDA Bank recorded the highest trade volume of the day with 52,874 shares changing hands at a total value of 385.6 million riel, or over $96,000 US dollars, which was 76% of Monday's trade volume.
• Royal Group Phnom Penh SEZ recorded the second highest trade volume of the day with 5,514 shares changing hands at a total value of 12 million riel or over $3,000 US dollars, approximately 8% of March 17th’s trade volume.
   
• In other market news, bond-listed company Golden Tree released a disclosure report which denoted a decrease in revenue, with only $409,270 dollars earned during the fourth quarter of 2024, compared to the $689,044 dollars earned in the fourth quarter of 2023.
• CIA FIRST International School Co., Ltd. also announced that it has been approved to list corporate bonds on the CSX starting from March 18, 2025, with an aggregate amount of over 40 billion riel, or approximately $10 million US dollars. CIA First’s guaranteed bond has a maturity date of five years, from 2025 to 2030, and a coupon rate of 5.6% per annum.
   
• Exchange rate, the KHR to USD was stable at 4,007 riel per USD, while the USD index was slightly down to 103.70.
   
• Looking at global commodities, oil prices traded higher on Monday after the United States vowed to keep attacking Yemen's Houthis until the Iran-aligned group ends its assaults on shipping.
• Brent futures rose 56 cents, or 0.8%, to $71.14 US dollars a barrel, while U.S. West Texas Intermediate crude futures rose 56 cents, also 0.8%, to $67.74 US dollars a barrel. (0800 GMT)
• The U.S. airstrikes are said to have killed at least 53 people and is the biggest U.S. military operation in the Middle East since President Donald Trump took office in January. Houthi attacks on shipping in the Red Sea have disrupted global commerce and set off a costly campaign by the U.S. military to intercept missiles and drones.
• Both benchmarks pared some gains after rising more than 1% in early Asian trade as China reported a mixed start to the year. Industrial output slowed in January-February, while retail sales growth accelerated slightly, government data showed on Monday.
• Gold prices stayed just shy of the $3,000-per-ounce milestone scaled in the previous session, as the escalating U.S.-driven tariff war now also threatens economic growth, adding to other geopolitical tensions.
• Spot gold had firmed 0.1% to $2,988.68 US dollars an ounce. It hit a record high of $3,004.86 US dollars on Friday. U.S. gold futures eased 0.3% to $2,992.30 US dollars. (0715 GMT)
   
• Stock futures fell early Monday, after the 30-stock index posted its worst week going back to 2023.
• As of the time of the Cambodian market’s closing, Dow futures slid 213 points, or 0.51%. S&P 500 futures and Nasdaq 100 futures dipped 0.63% and 0.71%, respectively.

Watch the 17 March 2025 market update in Khmer below: