18 March 2025 - Market Update - B2B Cambodia

This is a B2B Cambodia Market Update for 18 March 2025, reviewing the Cambodia Securities Exchange (CSX) and global markets.

Watch the video in English above.

• The Cambodia Securities Exchange Index was down 0.16 points, or 0.04%, to 413.3. 
• Total trade volume was down with 25,026 shares changing hands at a total value of 137 million riel, or over $34,000 US dollars.
• On the main board, three stocks were up. Leading the market was Royal Group Phnom Penh SEZ up 0.92% or 20 riel to 2,200 riel per share, followed by Pestech Cambodia, which was up 0.79% or 20 riel to 2,560 riel per share. Phnom Penh Water Supply Authority was also up 
  20 riel to 6,360 riel per share.
• On the downside, the biggest loser of the day was Acleda Bank, dropping 0.27% or 20 riel to 7,300 riel per share, followed by Phnom Penh Autonomous Port, which wad down 0.14% or 20 riel to 14,060 riel per share.
• The other four stocks on the main board remained flat.
• Over on the growth board, DBD Engineering was up 0.48% or 10 riel to 2,110 riel per share, while JS Land stayed flat at 3,060 riel per share.
   
• ACLEDA Bank recorded the highest trade volume of the day with 11,476 shares changing hands at a total value of 83.9 million riel, or close to $21,000 US dollars, which was 46% of Tuesday's trade volume.
• MJQ Education recorded the second highest trade volume of the day with 4,576 shares changing hands at a total value of 9.6 million riel or around $2,400 US dollars, about 18% of March 18th’s trade volume.
   
• Exchange rate, the KHR to USD was stable at 4,007 riel per USD, while the USD index was down to 103.23.
   
• Looking at global commodities, oil prices edged higher on Tuesday, supported by instability in the Middle East as well as China's plans for more economic stimulus, though global growth concerns, U.S. tariffs, and uncertainty over Ukraine ceasefire talks, curbed gains.
• Brent futures rose 36 cents, or 0.5%, to $71.43 US dollars a barrel, while U.S. West Texas Intermediate crude futures rose 32 cents, or 0.5%, to $67.90 US dollars. (0700 GMT)
• Gold scaled an all-time peak, extending its historic run above the $3,000 US dollar mark as global uncertainties exacerbated by rising trade tensions kept investors hooked on the popular safe-haven asset.
• Spot gold rose 0.6% to $3,017.84 US dollars an ounce after hitting a record high of $3,018.66 US dollars. Prices climbed above $3,000 dollars for the first time on March 14th. U.S. gold futures gained 0.7% to $3,027.00 US dollars. (0715 GMT)
• Historically considered a hedge against geopolitical instability, gold has risen more than 14% year-to-date. Since U.S. President Donald Trump took office in January, the metal has hit a record high 14 times as economic concerns due to his tariff war boosted demand.
• The tariffs include a flat 25% levy on steel and aluminium which came into effect in February and reciprocal and sectoral tariffs to be imposed on April 2nd.
   
• Stock futures edged down early Tuesday following two consecutive winning sessions that offered a reprieve from the market’s recent sell-off.
• As of the time of the Cambodian market’s closing, Dow Jones Industrial Average futures fell 76 points, or 0.18%. S&P 500 futures was down 0.21% while Nasdaq 100 futures dropped 0.31%.

Watch the 18 March 2025 market update in Khmer below: