18 November 2025 - Market Update - B2B Cambodia

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

Watch the video in English above.

• The Cambodia Securities Exchange Index was up 0.9 points or 0.22% to 412.1. Total trade volume was up with 135,277 shares changing hands, at a total value of 807 million riel or over $200,000 US dollars.
• On the main board, four stocks were up. Leading the market was Phnom Penh Autonomous, up 0.88% or 120 riel to 13,800 riel per share, followed by MJQ Education, which rose 0.51% or 10 riel to 1,980 riel per share. Other stocks also up were CAMGSM and Pestech Cambodia.
• On the downside, only one stock was down. Sihanoukville Autonomous Port dropped 0.16% or 20 riel to 12,260 riel per share. Meanwhile, the remaining four stocks on the main board stayed flat.
• Over on the growth board, DBD Engineering rose 0.47% or 10 riel to 2,130 riel per share, while JS Land stayed flat at 2,700 riel per share.
• ACLEDA Bank recorded the highest trade volume of the day with 96,826 shares changing hands, at a total value of 678 million riel or $169,000 US dollars, approximately 71.5% of the total trade volume on Tuesday.
• Royal Group Phnom Penh SEZ recorded the second highest trade volume of the day with 13,633 shares changing hands, at a total value of 27.8 million riel or nearly $7,000 US dollars, about 10% of the total trade volume on November 18.
• In other market news, Phnom Penh Autonomous Port reported an increase in its revenue and net profit during the third quarter of 2025. The company recorded over $15 million US dollars in revenue, representing an increase of more than 12% compared to the same quarter in 2024. Net profit also surged by over 20% to more than $6.7 million US dollars. 
• During the first ten months of 2025, Phnom Penh Autonomous Port additionally reported over $41 million US dollars in revenue — a 19% increase compared to the same period last year.
• For the third quarter of 2025, JS Land Plc reported a total comprehensive loss of 691.55% representing a significant decline compared to Q3 of 2024. As of September 30, 2025, the company’s total assets decreased by 21.3%, while total equity declined by 35.13% compared to the year ending December 31, 2024.
• In the same quarter, Grand Twins International (GTI) reported a decrease in revenue of 8.63%, while net profit fell by 45.41% compared to the same period in 2024. And for the nine months ending September 30, 2025, Grand Twins International recorded a total revenue of 221 billion riel, approximately $55 million US dollars, which was a decline of 6.27%. However, the company’s net profit increased by 22% compared to the same period in 2024.
• Moving on to the exchange rate, the Khmer riel to USD was stable at 4,008 riel per US dollar, while the US Dollar Index was up to 99.51.
• Looking at global commodities, oil prices fell nearly 1% on Tuesday as supply concerns eased with the resumption of loadings at a Russian export hub, which was briefly halted by a Ukrainian drone and missile strike, as traders continued to assess the impact of Western sanctions on Russian flows.
• Brent crude futures were down 56 cents, or 0.9%, at $63.64 US dollars a barrel. U.S. West Texas Intermediate (WTI) crude futures were down 54 cents, or 0.9%, at $59.37 US dollars a barrel. (0720 GMT)
• Gold fell for a fourth straight session, weighed down by a firm dollar and diminished prospects of a U.S. interest rate cut next month.
• Spot gold was down 0.8% at $4,011.85 US dollars per ounce. U.S. gold futures for December delivery fell 1.6% to $4,010.90 US dollars per ounce. (0646 GMT).
• US stock futures fell on Tuesday following a tech-led slide ahead of a pivotal earnings report from Nvidia and the release of government shutdown-delayed labor data later in the week.
• As of the time of the Cambodian market’s closing, Dow Jones Industrial Average futures dropped roughly 0.4%, while S&P 500 futures slid 0.5%. Contracts on the tech-heavy Nasdaq 100 moved 0.6% lower on the heels of sharp closing losses for Wall Street stocks.

Watch the 18 November 2025 market update in Khmer below: