The Cambodia Securities Exchange (CSX) reached a total market capitalisation of $2.73 billion by the close of the second quarter in 2024, according to a report released by the Securities and Exchange Regulator of Cambodia (SERC) on Friday.
The report highlighted the two types of securities currently traded on the CSX—stocks and bonds. On the equity market, there are 11 listed companies, nine of which are on the main board, while two are listed on the growth board.
For the bond market, 12 companies have issued corporate bonds, but the SERC noted that there was no trading activity in bonds during the second quarter.
“The total trading volume amounted to 10,587,037 shares, with 92.39 percent coming from the main board and 7.61 percent from the growth board,” the report stated. “In the bond market, there was no trading on any corporate bonds.”
Hong Sok Hour, CEO of CSX, noted the exchange’s progress, stating that trading volumes have increased 14-fold over the past five years. Daily trading volume rose from about $20,000 per day in 2018 to nearly $300,000 per day in 2023.
“We have seen steady growth in new investors, with about 1,000 new trading accounts being opened monthly,” he said during last month’s stock market forum. “I expect that 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, which holds 55 percent of the stakes, and the Korean Exchange, with the remaining 45 percent.
