Market capitalization at Cambodia's bourse reaches 2.73 bln USD in Q2-Xinhua

Market capitalization at Cambodia's bourse reaches 2.73 bln USD in Q2

Source: Xinhua

Editor: huaxia

2024-09-06 22:27:15

PHNOM PENH, Sept. 6 (Xinhua) -- The total market capitalization at the Cambodia Securities Exchange (CSX) came to 2.73 billion U.S. dollars at the end of the second quarter of this year, said a report by the Securities and Exchange Regulator of Cambodia on Friday.

Currently, there are two types of securities, stock and bond, traded in the CSX.

For the equity market, there are 11 listed companies of which nine are listed on the main board and two on the growth board, the report said.

For the bond market, 12 companies had issued corporate bonds. However, there was no trade at all in the bond market during this period, it added.

"The total trading volume was 10,587,037 shares, in which proportion of main board accounted for 92.39 percent and growth board accounted for 7.61 percent," the report said. "For the bond market, there was no trading on any of corporate bond."

CSX Chief Executive Officer Hong Sok Hour has said that trading volumes at the CSX had risen 14 times from about 20,000 U.S. dollars per day in 2018 to nearly 300,000 dollars per day in 2023.

"We have seen steady growth in new investors, with about 1,000 new trading accounts being opened every month," he said at a stock market forum last month. "I expect that the CSX will continue to move forward step by step to achieve its goal of supporting the private sector in Cambodia."

Launched in 2012, the CSX is a joint venture between the Cambodian government with 55 percent of the stakes and the Korean Exchange with the remaining 45 percent.