The Cambodia Securities Exchange (CSX) risen a record of USD 151 mil from securities and corporate bond trading in 2019.
This marks a substantial 26 per cent increase from 2018 with a record of USD 120 mil, released by Securities Exchange Commission of Cambodia (SECC) director-general Sou Socheat.
He further informed that next year, CSX will list a small number of new companies by trading their securities. Several firms will also be listed on the corporate bond market.
Currently, five firms are listed and on trading, while three financial institutions are on the exchange corporate bond market.
CSX CEO Hong Sok Hour commented that Cambodia’s stock market had been developing steadily. Data released in early October reflected a strong growth in third quarter of 2019. Marking a high record since began trading in 2012. Market capitalization reached USD 800 million in Q3 – up from USD 570 million in Q2. The index risen to 869.16 points at the end of November 2019, highest figure in the past six years. 725 new trading accounts were opened in Q3, bringing a total of 22,196. An average daily trading volume (ADTV) during the period stood at USD 27,121 (12,539 shares). Meanwhile, trading by individual investors stood at around 94 per cent, according to the data.