PPWSA slide continues, as price sees correction
Sellers have dominated the Cambodia Securities Exchange for the last seven days of trading, and the downward trend for the single stock, Phnom Penh Water Supply Authority, was expected to continue into next week, experts said. PPWSA closed down 4.6 per cent yesterday at 7,250 riel (US$1.79), according to the CSX. There were 26,171 shares worth $46,942 traded, a volume increase of 53 per cent over Wednesday’s trades. An SBI Royal Securities market report yesterday called the market increasingly “gloomy”, and said the price could fall into next week…
