The trading value in the Cambodia Securities Exchange (CSX) has skyrocketed in the first semester of this year, reflecting confidence of investors in the local bourse.
The average daily trading value increased to US$$870,000, increasing from US$201,143 recorded in the January-June last year, according to the CSX.
CSX CEO H.E. Hong Sok Hour said that new investors have pushed the increase. “It is a significant growth because investors that have trading accounts have started more transactions,” he said.
CSX has currently 16 listed securities – nine equity firms and seven cooperate bonds – and the listed companies had cumulatively raised more than US$280 million from the stock market.
Some 31,000 investors have opened trading accounts at the CSX as of June of this year.
The CSX is a joint venture between the Cambodian government holding 55 percent of the stakes and the Korean Exchange owning the remaining 45 percent.
Source: Agency Kampuchea Press