Stocks still an unknown for many Cambodians
Despite interest in participating in the stock market, confusion as to how and where to invest in the Cambodia Securities Exchange still persists among many Cambodians without close ties to or backgrounds in trading. After the much-anticipated and long-delayed launch of CSX trading last week, Soun Sokret, an account and media supervisor at a local company, said he wanted to buy shares in Phnom Penh Water Supply Authority. The problem was that he didn’t know where to get information about the CSX and said he considered going to the exchange floor on the 25-storey of Canadia Tower to inquire. “My friends and I want to invest but we don’t know how. The CSX has lots of support from the government right now, so they will not let it fail. We think this is a chance to get a big return,” Soun Sokret said…
