24 November 2025 - Market Update - B2B Cambodia

This is a B2B Cambodia Market Update for 24 November 2025, reviewing the Cambodia Securities Exchange (CSX) and global markets.

Watch the video in English above.

• The Cambodia Securities Exchange Index was down 1.18 points or 0.28% to 413.38. Total trade volume was up with 65,588 shares changing hands, at a total value of 226.9 million riel or over $56,000 US dollars.
• On the main board, three stocks were up. Leading the market was Grand Twins International, up 1.45% or 100 riel to 7,020 riel per share, followed by Pestech Cambodia, which rose 0.37% or 10 riel to 2,680 riel per share. Sihanoukville Autonomous Port was also up 20 riel to 12,340 riel per share.
• On the downside, four stocks were down. The biggest loser of the day was ACLEDA Bank, which was down 0.57% or 40 riel to 7,000 riel per share, followed by Royal Group Phnom Penh SEZ, which dropped 0.48% or 10 riel to 2,090 riel per share. Phnom Penh Autonomous Port and CAMGSM were also down, while the two remaining stocks on the main board stayed flat.
• Over on the growth board, both stocks were flat. DBD Engineering remained stable at 2,140 riel per share, while JS Land was unchanged from 2,680 riel per share.
• MJQ Education recorded the highest trade volume of the day with 18,941 shares changing hands, at a total value of 37.4 million riel or over $9,000 US dollars, approximately 29% of the total trade volume on Monday.
• Royal Group Phnom Penh SEZ recorded the second highest trade volume of the day with 18,684 shares changing hands, at a total value of 38.8 million riel or close to $10,000 US dollars, about 28% of total shares traded on November 24th.
• In other market news, Telcotech released a disclosure notice on its financial report for Q3 of 2025. While the company recorded a loss, Telcotech still maintains Strong Liquidity. The company recorded a net loss of 169.2 million riel in Q3-2025, compared to a profit of over 5 billion riel recorded a year earlier. Total assets rose by 1.88% year-on-year to 308.9 billion riel.
• Despite weaker profitability, the company showed solid financial stability with a current ratio of 1.89 and quick ratio of 1.87, and maintained strong debt-servicing capacity, supported by an interest coverage ratio of 4.95 times.
• Moving on to the exchange rate, the Khmer riel to USD was stable at 4,010 riel per US dollar, while the US Dollar Index was slightly up 100.17.
• Looking at global commodities, oil prices took a breather on Monday after last week's fall of about 3%, as investors weighed the chances for a U.S. rate cut against the prospect of a Russia-Ukraine deal that could free up more Russian supply through an easing of sanctions.
• Brent crude futures fell 3 cents, or 0.05%, to $62.53 US dollars per barrel, while West Texas Intermediate was down 7 cents, or 0.12%, at $57.99 US dollars a barrel. Both benchmarks hit their lowest settlements since October 21. (0716 GMT)
• Gold prices held steady as growing expectations of a U.S. Federal Reserve rate cut next month helped offset pressure from a firm U.S. dollar.
• Spot gold was steady at $4,065.31 US dollars per ounce. U.S. gold futures for December delivery fell 0.4% to $4,062.40 US dollars per ounce. (0851 GMT)
• US stock futures climbed on Monday, heading into the shortened Thanksgiving trading week buoyed by hopes for an interest-rate cut and eyeing a further rebound from a pullback that has cooled this year’s AI-driven market rally.
• As of the time of the Cambodian market’s closing, Dow Jones Industrial Average futures added roughly 0.3%, while S&P 500 futures advanced 0.6%. Contracts on the tech-heavy Nasdaq 100 climbed 0.9% as Wall Street stocks geared up for a bid to extend Friday's bounce.

Watch the 24 November 2025 market update in Khmer below: