Banking & Finance

Weekly Market Wrap-Up: November 4-8, 2024

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Weekly Market Wrap-Up: November 4-8, 2024
Cambodia Securities Exchange Building./B2B Cambodia

Here's your brief on last week's (November 4-8, 2024) market activity on the Cambodia Securities Exchange (CSX).

Last week on the Cambodia Securities Exchange (CSX), the market opened on Monday (November 4) at 402.2 and closed that day at 400.22, reflecting a decrease of 1.03 per cent. The trade volume for the day was 156,824 shares, valued at KHR 969.7 million (approximately USD 280,500).

By Friday (November 8), the index opened at 401.93 and closed at 401.51, with 123,000 shares traded, totaling KHR 664.9 million (USD 163,600).

Most Traded Stocks

The most traded stocks of the week were:

  • ACLEDA Bank (ABC): KHR 2.1 billion
  • Phnom Penh Water Supply Authority (PWSA): KHR 297 million
  • CAMGSM (CGSM): KHR 204 million

Top Gainers

Garment manufacturer Grand Twins International (GTI) made the biggest gains last week, rising to KHR 4,400 per share (+4.81 per cent). This was followed by Pestech Cambodia (PEPC), an integrated electric power technology company, which increased to KHR 2,420 per share (+1.71 per cent). Royal Group Phnom Penh Special Economic Zone (PPSP) also saw gains, reaching KHR 2,240 per share (+1.41 per cent).

Top Losers

The profits for ACLEDA Bank's owners in Q3 2024 fell to USD 18.54 million (KHR 75.81 billion), reflecting a 54 per cent decline compared to Q2 2024. This significant drop likely contributed to the decrease in ACLEDA Bank's stock price.

ACLEDA Bank (ABC) was the biggest loser, falling to KHR 6,980 per share (-1.71 per cent). Phnom Penh Autonomous Port (PPAP) dropped to KHR 13,220 per share (-1.61 per cent), while CAMGSM (CGSM) fell to KHR 2,440 per share (-0.81 per cent).

Market Highlights

The highest-priced stock on the CSX remains the Phnom Penh Autonomous Port (PPAP) at KHR 13,220 per share, while the lowest is Mengly J. Quach Education (MJQE) at KHR 2,040 per share.

Market Capitalisation Changes (Compared To October 28 - November 1)

  • CAMGSM (CGSM): USD 1.195 billion (down from 1.2 billion)
  • ACLEDA Bank (ABC): USD 755 million (down from 790 million)
  • Sihanoukville Autonomous Port (PAS): USD 241 million (down from 242 million)
  • MJQ Education (MJQE): USD 165 million (stable)
  • Phnom Penh Water Supply Authority (PWSA): USD 136 million (stable)


Information for this wrap-up was sourced from the CSX.

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