PPWSA closes higher after a week down

9 May 2012
The Phnom Penh Post
Economy and commerce / Securities exchange (stock market) / Stock market
Cambodia Securities Exchange / Phnom Penh Water Supply Authority / PPWSA

For the first time in weeks, Phnom Penh Water Supply Authority yesterday closed up 4.35 per cent, a sign the stock was stablising after a rough opening, insiders said. After an eight-day price decline, PPWSA – the sole listed company on the Cambodia Securities Exchange – hit 7,200 riel (US$1.79), up from $1.71 on Friday. The volume of trading, however, increased by more than 860 per cent on Friday, with 251,705 shares traded. …

http://www.phnompenhpost.com/index.php/2012050956046/Business/follow-up-ipos-still-on-track.html

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