ព័ត៌មាន
Downward Drift - The Week at the CSX
This week the price of Phnom Penh Water Supply Authority Stock dropped continually from KHR 7,000 (US$1.72) on June 7 until it stopped and stayed at KHR 6,8oo (US$1.67) from June 11 to June 13. On June 13, the stock’s price at the market’s opening and ...
Cambodian Stock Exchange sees challenges, opportunities
I visited the Cambodian Stock Exchange (CSX) last September in the heart of Phnom Penh. It had officially “opened” a few months prior but no companies were listed yet. The trading room was filled with new desks and computer monitors, waiting for someone to power ...
http://www.chinapost.com.tw/business/global-markets/2012/05/07/340280/Cambodian-Stock.htm
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 ...
Cambodia's new corporate darling
Industries such as tourism and garment production are booming. Mining is taking off and the Cambodian Stock Exchange (CSX) is finally up and running after a 10-month delay with Phnom Penh Water Supply (PPWS) its first listing. “PPWS is considered one of the best managed state ...
http://www.bangkokpost.com/business/economics/291098/cambodia-new-corporate-darling
Trading volume drops on new Cambodia Securities Exchange
The Cambodia Securities Exchange has seen a sharp decrease in action this week, with trading volume yesterday falling to 3,453 shares, down nearly 100 per cent from Monday. Despite the drop, which was accompanied by a strong shift from institutional to retail investors, experts have stressed the time ...
http://www.phnompenhpost.com/index.php/2012042755811/Business/trading-volume-drops-on-new-csx.html
Sihanoukville Port plans to list on stock exchange in July
While the Phnom Penh Water Supply Authority’s (PPWSA) share price continued to fall yesterday, a second state firm came a step closer to joining it on Cambodia’s nascent stock exchange by announcing plans to register by the end of July. At a ceremony marking the first ...
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 ...
Stock trading sees first glitches
Share prices on the Cambodia Securities Exchange yesterday fell for the first time since trading began a week ago, as technical problems reportedly caused a 90 per cent drop in the amount of shares traded. Phnom Penh Water Supply Authority shares dropped 4.9 per cent to 9,700 riel (US$2.44). The ...
http://www.phnompenhpost.com/index.php/2012042555750/Business/csx-sees-first-trading-glitches.html
PPWSA up again, with retail buyers moving in
The price increase for Phnom Penh Water Supply Authority shares maxed out after an hour of trading yesterday morning, the second day of operations on the Cambodia Securities Exchange. PPWSA closed up 4.84 per cent yesterday at 9,750 riel (US$2.44), climbing from 9,300 the day before, ...
FTB signs MoU with Tong Yang
The Foreign Trade Bank of Cambodia (FTB) and Tong Yang Securities (Cambodia) yesterday signed a memorandum of understanding on financial consultation services and trade co-operation that is hoped to expand banking and securities business in the country. The MoU should bring the bank and the securities firm into ...
PPWSA up 48 per cent on first day
By the time Deputy Prime Minister Keat Chhon closed the first session of the Cambodian Securities Exchange yesterday morning, shares in Phnom Penh Water Supply Authority, the Kingdom’s first domestically listed company, were just shy of soaring 50 per cent. Institutional and retail investors traded 487,110 ...
http://www.phnompenhpost.com/index.php/2012041955648/Business/ppwsa-up-48-per-cent-on-first-day.html
Bourse ready for first-day trading, CEO says
The Phnom Penh Water Supply Authority will launch its initial public offering (IPO) today on Cambodia’s bourse, and investors and securities officials said yesterday that they expected the company to make a strong start to trading The Water Supply Authority is issuing 13 million shares, which ...
PPWSA stock to list today
Investors, along with the next two companies expected to list on the Cambodia Securities Exchange, will watch carefully this morning the action on the country’s first initial public offering, nine months after the CSX officially opened. After a book-building process that was 17 times over-subscribed, Phnom Penh ...
http://www.phnompenhpost.com/index.php/2012041855632/Business/ppwsa-stock-floats-today.html
Cambodia Joins Stocks Party
Cambodia tapped into the growing global interest in Southeast Asia with the start of trading in the sole stock at its gleaming new stock exchange on Wednesday. Ordinary Cambodians and local businesses scrambled to buy into the country’s first initial public offering—of shares in a local ...
http://online.wsj.com/article/SB10001424052702304331204577351551608365784.html
Cambodia enters global marketplace, stock trading begins
After a string of false starts, Cambodia’s stock market finally started trading on Wednesday, marking a significant step forward for an impoverished country blighted by corruption and scarred by decades of civil war. But on Wednesday, traders were reaping fast gains as the price of ...
http://www.reuters.com/article/2012/04/18/cambodia-bourse-idUSL3E8FH30X20120418
Cambodia's stock market begins trading
Trading on Cambodia’s stock exchange has begun for the first time after a state-run company completed its initial public offering. Some 13 million shares of the state-run Phnom Penh Water Supply Authority were offered at 6,300 riel ($1.57) per share. The stock exchange was officially launched in ...
PPWSA edges closer to IPO
As expected, the book-building phase for Phnom Penh Water Supply Authority’s initial public offering was significantly oversubscribed, the estimate being 17 times. Interested investors had the opportunity to bid at a price no lower than 4,050 riel a share, and at a maximum of 6,350 riel ...
http://www.phnompenhpost.com/index.php/2012032855274/Business/ppwsa-edges-closer-to-ipo.html
Cambodia rejoins the world of stocks
Enthusiasm about the start of trading at the exchange, which opened last July without a single listed company, extends beyond the borders of the Southeast Asian country. Investors including Templeton Emerging Markets Group Chairman Mark Mobius said they plan to participate in Cambodia’s stock market ...
Cambodia's first IPO nears
Cambodia’s first initial public offering is fast approaching, and demand is expected to be robust. Bookbuilding, the process during which bids are taken and a price set for shares, ended last Wednesday for Phnom Penh Water Supply Authority (PPWSA). The final offering price will be announced ...
http://www.bangkokpost.com/business/economics/284959/cambodia-first-ipo-nears
Open an account at a securities firm and get ready to trade
CSX chief executive Hong Sok Hour explains how the exchange will function on its first day of trading and into the future. The way to begin trading on the CSX is to open an account with any one of a dozen securities firms which are licensed ...
Cambodians form backbone of securities market
Local stock-exchange staff will be trained by foreign experts Overseas experts will play an important role in the start-up of the Cambodia Securities Exchange (CSX), says Larry Ng of Cana Securities. “Foreign investors will lead the CSX and securities market at the beginning because they have the ...
Exchanges provide windows to economies
Stock market a good choice for long-term investors Stephen Hsu, a native of Taiwan, runs Phnom Penh Securities, one of a dozen underwriters licensed by the SECC to prepare companies for IPOs on the CSX and to engage as an intermediary with the public for trading ...
http://www.phnompenhpost.com/index.php/Special-Reports/exchanges-provide-windows-to-economies.html
More companies must list for the CSX to be a success
One of the personalities closely associated with the development of the stock exchange in Cambodia, Morten Kvammen, a director at SBI Royal Securities, says the CSX needs more companies to list in order to be successful. Kvammen, a graduate of the Wharton School of Finance and ...
Securities and Exchange Commission will regulate the Stock Exchange
The laws and regulations that govern Cambodia’s securities market were derived from the Objectives and Principles of the International Organization for Securities Commissions (IOSCO) and the best practices in the region, according to Dr. Ming Bankosal, Director General of the SECC. the SECC which ...