The Cambodian Stock Exchange (CSX) - why is it not working ?

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Re: The Cambodian Stock Exchange (CSX) - why is it not working ?

Post by CEOCambodiaNews » Fri Jan 04, 2019 10:41 am

Cambodia Securities Exchange market capitalisation up 40%
2 January 2019

The Cambodia Securities Exchange (CSX) market capitalisation rose more than 40 per cent last year from 2017, mostly boosted by the rise in the Sihanoukville Autonomous Port (PAS) share price, the CSX said.

Market capitalisation increased roughly 44 per cent from about $303.80 million at the end of 2017 to about $442.92 million at the end of last year, it said on Monday.

Prices of four out of the five stocks ended higher compared to the beginning of the year, while the other ended lower. Most notably, PAS’ stock jumped almost 100 per cent over the last year.

In October, the PPSP issued 14 million additional shares to two strategic institutional investors, JWD Infologistics Plc, a logistics company from Thailand, and Bok Seng Group, a Singaporean company, bringing its proceeds to nearly $10 million.

The announcement also shows that the CSX Index rose from 340.22 to 480.98 points, or a 41 per cent increase over the year, while the daily average trading value grew 101 per cent from about $13,149 to about $26,701 per day.

The average volume increased seven per cent from 15,161 shares to 16,228 shares per day. The number of trading accounts more than doubled from 8,973 to 20,525, with 84 per cent owned by domestic investors, the CSX said.
https://www.phnompenhpost.com/business/ ... isation-40
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Re: The Cambodian Stock Exchange (CSX) - why is it not working ?

Post by CEOCambodiaNews » Sat Jan 05, 2019 1:17 pm

Percentages give off false signals, says this news item.

Regrets the error
By Cambodium -
January 5, 2019
The Khmer Times tells us that the Cambodian Stock Exchange is off to a strong start in 2019. And that is true. The CSX is up more than 9% in three trading days this year, according to CSX data.

But then there’s this:

Meanwhile, industrial land developer Phnom Port Special Economic Zone PLC (PPSP) was the most active counter with 16,286 shares transacted. The stock rose 100 riel or 3.45 percent to close at 3,000 riel for a market capitalisation of $53.40.

State-owned Sihanoukville Autonomous Port (PAS) grew 120 riel or 1.15 percent, closing at 10,580 riel, giving it a market capitalisation of $224.72.

Face-plant.
© 2019, The Cambodia Daily. All rights reserved.
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Re: The Cambodian Stock Exchange (CSX) - why is it not working ?

Post by Lam Muysong » Sat Feb 02, 2019 11:38 am

We should share the strategy how to invest with CSX. For example: we can open the seminar.
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Re: The Cambodian Stock Exchange (CSX) - why is it not working ?

Post by explorer » Sat Feb 02, 2019 1:47 pm

Lam Muysong wrote:
Sat Feb 02, 2019 11:38 am
We should share the strategy how to invest with CSX. For example: we can open the seminar.
A good strategy: dont.
## I thought I knew all the answers, but they changed all the questions. ##
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Re: The Cambodian Stock Exchange (CSX) - why is it not working ?

Post by CEOCambodiaNews » Sun May 12, 2019 1:16 am

Cambodia’s bourse gets 2nd corporate bond issuer
By
Xinhua Net - May 11, 2019

Deposit-taking microfinance institution LOLC (Cambodia) Plc became the second firm to list its corporate bonds on the Cambodia Securities Exchange (CSX) on Friday.

LOLC CEO Sok Voeun said LOLC was the second firm that issued local currency bonds in the kingdom and added that the firm issued 800,000 bonds worth 80 billion riels (20 million U.S. dollars).

He said the LOLC’s corporate bonds had the period of 3 years with a coupon rate of 8 percent per annum for FX-Indexed bonds and 9 percent for plain bonds.

In full: http://www.xinhuanet.com/english/2019-0 ... 048932.htm
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Re: The Cambodian Stock Exchange (CSX) - why is it not working ?

Post by CEOCambodiaNews » Wed May 15, 2019 7:36 pm

May 13, 2019
CSX set to list more companies soon
The nascent Cambodia Securities Exchange is set to list between three and four new companies on its bourse soon this year.

CSX CEO Hong Sok Hour said during the official launch of the corporate bond LOLC (Cambodia) on Friday that so far it had listed six companies, of which five are listed for ordinary equities and another, Hattha Kaksekar Limited, listed its corporate bonds.

He said the six companies have mobilized some $110 million worth of equity securities.

“These companies not only receive long-term capital for investment, but they also received tax incentives, which currently account for 50 percent of income tax and they also got a good reputation and confidence from the public,” he said. “And today [Friday], we listed another company, LOLC Microfinance Institution on the CSX.”

“Soon within this year we will have three or four companies that will list their securities and bonds,” he added.
https://www.khmertimeskh.com/50603125/c ... nies-soon/
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Re: The Cambodian Stock Exchange (CSX) - why is it not working ?

Post by CEOCambodiaNews » Fri Jun 21, 2019 3:19 pm

Chinese-invested Sihanoukville SEZ prepares for listing on Cambodia’s bourse
By Xinhua Net -
June 21, 2019
Chinese-invested Sihanoukville Special Economic Zone (SSEZ) is preparing for listing on the Cambodia Securities Exchange (CSX), according to a SSEZ’s statement on Thursday.

The statement, released to the media by the CSX, said the SSEZ aimed to go public in order to raise more funds to promote the development of the zone and to make greater contributions to the development of Cambodia’s industrial economy.

“Through the upcoming listing, all shareholders will get benefit from the zone’s development, and this is a win-win situation,” it said.
In full: http://www.xinhuanet.com/english/2019-0 ... 159425.htm
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Re: The Cambodian Stock Exchange (CSX) - why is it not working ?

Post by CEOCambodiaNews » Thu Oct 10, 2019 7:48 pm

The 2019 report on the CSX shows marked improvement in performance this year.

Cambodia Securities Exchange trading record numbers this year
Hin Pisei | Publication date 09 October 2019 | 22:50 ICT
The Cambodia Securities Exchange (CSX) has seen more trading momentum this year than since its inception in 2012, as more companies show interest in listing.

The exchange’s index has shown strong growth in the third quarter of this year, with market capitalisation up more than 40 per cent from the second quarter, which is the highest since it opened in 2012, CSX data shows.

In the third quarter of this year, market capitalisation reached $800 million – up from $570 million in the second quarter, the data shows. The CSX index rose to 869.16 points at the end of last month, the highest figure in the last six years.

The data shows that 725 new trading accounts were opened in the third quarter, bringing the total to 22,196. The average trading volume per day in the third quarter stood at $27,121, or 12,539 shares. Trading by individual investors was at about 94 per cent.

CSX Market Operations Department acting director Kim Sophanita told The Post on Wednesday that the market’s performance in the third quarter improved significantly.

The CSX’s good performance was a result of important factors such as Cambodia’s economic growth and growth in the listed companies’ profits, said Sophanita.

“Better dividend policies, increased investor confidence in the market, and CSX’s and stakeholders’ efforts to facilitate regulations have buoyed its growth,” she said.

Sophanita said these factors resulted in the current number of trading accounts reaching 22,196 – up 35 per cent from the end of the third quarter of last year.

Many companies are currently looking to list on the exchange to benefit from the 50 per cent tax deduction on net profit, she said.
https://www.phnompenhpost.com/business/ ... mbers-year
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Re: The Cambodian Stock Exchange (CSX) - why is it not working ?

Post by SternAAlbifrons » Fri Oct 11, 2019 1:12 am

Well, KrisEnergy and Angkor Resources Corp are not listed on the CSX.
So that is a plus for the index.
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