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B2B Cambodia
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This is a B2B Cambodia Market Update for 31 December 2024, reviewing the Cambodia Securities Exchange (CSX) and global markets.
Watch the video in English above.
- The Cambodia Securities Exchange Index was up 2.03 points, or 0.49% to 412.75.
- Total trade volume was down with 155,513 shares changing hands at a total value of over 886.2 billion KHR or approximately $219,600 US dollars.
- On the main board, five stocks were up. Leading the market was MJQ Education, up 1.46% or 30 KHR to 2,080 KHR per share, followed by Grand Twins International, which was up 1.20% or 60 KHR to 5,080 KHR per share. The other three stocks up were Royal Group Phnom Penh SEZ, ACLEDA Bank and CAMGSM.
- Two stocks were down, on the other hand, with Pestech Cambodia seeing the biggest drop, down 1.65% or 40 KHR to 2,390 KHR per share, followed by the Phnom Penh Water Supply Authority, which was down 0.31% or 20 KHR to 6,360 KHR per share.
- The Phnom Penh Autonomous Port and Sihanoukville Autonomous Port, meanwhile, remained flat.
- Over on the growth board, DBD Engineering was up 0.98% or 20 KHR to 2,060 KHR per share, while JS Land still remained flat at 3,420 KHR per share.
- ACLEDA Bank once again recorded the highest trade volume of the day, with 78,554 shares changing hands at a total value of 590.8 million KHR or roughly $146,400 US dollars, roughly 50.5% of total shares traded on December 31st.
- The Phnom Penh Water Supply Authority recorded the second highest trade volume of the day, with 24,389 shares changing hands at a total value of 153.3 million KHR or a little over $38,000 US dollars, approximately 15.6% of Tuesday’s trade volume.
- Exchange rate, the KHR to USD weakened slightly to 4,025 KHR per USD, while the USD index was down to 107.93.
- Looking at global commodities, oil prices rose on Tuesday after data showed China's manufacturing activity expanded in December, but they are on track to end lower for a second consecutive year due to demand concerns in top consuming countries.
- Brent crude futures rose 57 cents, or 0.8%, to $74.56 US dollars a barrel. For the year, Brent declined 3.2%.
- Gold prices were little changed on the last trading day of a record-breaking year that drove the metal to its best annual performance since 2010 on robust central bank buying, geopolitical tensions and monetary policy easing by major global banks.
- Spot gold eased 0.1% to $2,603.69 US dollars per ounce.
- U.S. gold futures also shed 0.1% to $2,615.50 US dollars.
- U.S. Stocks closed lower on Monday in the second last trading day of 2024, with a banner year for investors appearing to be ending on a sour note.
- The Dow Jones Industrial Average lost 418.48 points, or 0.97%, to close at 42,573.73. The S&P 500 fell 1.07% to 5,906.94, and the Nasdaq Composite slid 1.19% to 19,486.78.
- Trading was choppy throughout the day, and the Dow was down more than 700 points at session lows. As of the time of the Cambodian market’s closing, Futures for the Dow were down 0.02%, S&P 500 futures were down 0.10%, and Nasdaq 100 futures were down 0.15%.
Watch the 31 December 2024 market update in Khmer below: