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B2B Cambodia
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This is a B2B Cambodia Market Update for 29 May 2025, reviewing the Cambodia Securities Exchange (CSX) and global markets.
Watch the video in English above.
- The Cambodia Securities Exchange Index was down 0.52 points, or 0.13%, closing at 405.75.
- Total trade volume was down with 69,985 shares changing hands for a total value of 306.8 million riel, or over $76,000 US dollars.
- On the main board, Phnom Penh Water Supply Authority was the only stock that increased, rising by 0.32% or 20 riel to 6,320 riel per share.
- Four stocks were down. The biggest loser of the day was Phnom Penh Autonomous Port, which dropped by 1.76% or 240 riel to 13,400 riel per share, followed by Grand Twins International, which fell by 1.48% or 120 riel per share. Other stocks that were also down included Royal Group Phnom Penh SEZ and Sihanoukville Autonomous Port. Meanwhile, four other stocks on the main board remained flat.
- On the growth board, both stocks were up. JS Land rose by 1.12% or 30 riel to 2,700 riel per share, while DBD Engineering was up by 0.93% or 20 riel to 2,160 riel per share.
- Acleda Bank recorded the highest trade volume of the day with 18,842 shares changing hands at a total value of 130 million riel or over $32,000 US dollars, about 27% of Thursday’s trade volume.
- CAMGSM recorded the second highest trade volume of the day with 16,328 shares changing hands at a total value of 39 million riel or over $9,700 US dollars, approximately 23% of May 29th’s total trade volume.
- In other market news, Phnom Penh Water Supply Authority reported revenue growth in 2024. It reported revenues of KHR 347 billion (approximately $86 million), reflecting an increase of KHR 14 billion (about $3.5 million) or 4.29%. The company’s operating profit and net profit were also up, due to rising sale revenues, a surge in finance income, and a decrease in tax expenses.
- CAMGSM has also decided to distribute dividends to Class A shares, in accordance with the Annual General Meeting on May 29, 2025. The annual 7% guaranteed dividend about KHR 158.90 per share will be paid in four equal quarterly portions. The payment will be made on June 13, 2025.
- Moving on to the exchange rate, the KHR to USD was slightly weakened to 4,004 riel per USD, while the USD index rose to 100.03
- Looking at global commodities, Oil prices rose by around $1 a barrel on Thursday after a U.S. court blocked most of President Donald Trump's tariffs, while the market was watching out for potential new U.S. sanctions curbing Russian crude flows and an OPEC+ decision on hiking output in July.
- Brent crude futures climbed $1.12, or 1.7%, to $66.02 a barrel. U.S. West Texas Intermediate crude advanced by $1.14, or 1.8%, to $62.98 a barrel (at 0800 GMT.)
- Gold prices dropped to a more than one-week low on Thursday after a U.S. trade court blocked most of President Donald Trump's tariffs, signalling easing trade risks and denting demand for the safe-haven metal.
- Spot gold was down 0.3% at $3,281.19 an ounce, (as of 0858 GMT), after hitting its lowest since May 20 earlier in the session.
- U.S. gold futures dropped 0.5% to $3,279.10.
- U.S. Stock Futures surged early Thursday as a federal court knocked down President Donald Trump’s “reciprocal” tariffs. Solid earnings from artificial intelligence heavyweight Nvidia also buoyed the market.
- At the time of Cambodia’s market closing, Futures tied to the S&P 500 rose 1.49%, while Nasdaq 100 futures gained 1.88%.
- Dow futures climbed 470 points, or 1.12%.
Watch the 29 May 2025 market update in Khmer below: