NBC will raise its foreign currency reserve requirements to 12.5% in 2024
| CSX Stocks |
CSX Index
| Value | 1D % Chg | 1D Vol | Mkt Cap (KHR'bn) |
| 491.81 | -0.01 | 218,735 | 13,191 |
Stock Performance
| Stock | Close (KHR) | 1D chg (%) | MTD chg (%) | YTD chg (%) | 1M high (KHR) | 1M low (KHR) | MTD vol (shr) | Mkt cap (KHR'bn) |
| PWSA | 7,480 | -0.27 | 0.27 | -1.06 | 7,500 | 7,400 | 9,144 | 651 |
| GTI | 3,130 | 0.00 | 0.00 | -17.63 | 3,180 | 3,070 | 1,077 | 125 |
| PPAP | 14,240 | 0.56 | 0.28 | 1.71 | 14,300 | 14,000 | 687 | 295 |
| PPSP | 2,260 | -0.44 | -0.88 | -5.44 | 2,350 | 2,140 | 8,182 | 162 |
| PAS | 12,860 | -0.16 | -0.16 | -3.45 | 13,240 | 12,860 | 1,326 | 1,103 |
| ABC | 10,120 | 0.00 | 0.00 | -6.47 | 10,160 | 10,100 | 125,239 | 4,384 |
| PEPC | 2,900 | -0.68 | -1.36 | -7.94 | 3,080 | 2,800 | 3,269 | 217 |
| DBDE | 2,180 | -0.46 | -0.46 | -8.79 | 2,270 | 2,140 | 1,155 | 40 |
| JSL | 3,450 | 0.00 | -1.15 | -30.44 | 3,800 | 3,280 | 605 | 89 |
| 1D = 1 Day; 1M= 1 Month; MTD = Month-To-Date; YTD = Year-To-Date; Chg = Change; Vol = Volume; shr = share; Mkt cap = Market capitalization | ||||||||
Valuation Ratios
| EPS | BPS* | P/E | P/B | P/S | EV/EBITDA | ||
| ttm,mrq | (ttm,KHR) | KHR | (ttm,x) | (mrq,x) | (ttm,x) | (ttm,x) | |
| PPWSA | 3Q22 | 1,242 | 9,852 | 6.02 | 0.76 | 1.88 | 8.30 |
| GTI | 3Q22 | 178 | 7,138 | 17.61 | 0.44 | 0.27 | 62.31 |
| PPAP | 3Q22 | 2,897 | 18,416 | 4.92 | 0.77 | 1.99 | 5.43 |
| PPSP | 3Q22 | 328 | 3,576 | 6.88 | 0.63 | 0.93 | 16.01 |
| PAS | 3Q22 | 1,568 | 5,986 | 8.20 | 2.15 | 3.11 | 14.04 |
| ABC | 3Q22 | 1,702 | 12,067 | 5.95 | 0.84 | 1.51 | NA |
| PEPC** | 2Q22 | 33 | 1,468 | 87.99 | 1.98 | 1.00 | 24.97 |
| DBDE | 3Q22 | -123 | 1,426 | NA | 1.53 | 0.65 | 2.39 |
| NOTE: ttm= trailing-twelve months; mrq = most recent quarter; *Excluding equity of non-common shares for PPWSA, PPAP and PAS; **FY ending in June | |||||||
| News Highlights |
Stock Market
CSX index falls 0.86%, PPAP sole gainer The CSX index decreased 0.86% to 491.8 points on August 2, 2023. PWSA, PPSP, PAS, and PEPC all saw declines of 0.27%, 0.44%, 0.16%, and 0.68%, respectively. GTI and ABC, on the other hand, remained unchanged. The sole stock to climb on the main board is PPAP, which is up 0.56%. On the growth board, JSL showed no change, while DBDE fell by 0.46%. 218,735 shares, or KHR 1,062 million, were traded, up 37.1% from the previous day's closing volume. (Source: YSC Research)
Economy and Industry
NBC will raise its foreign currency reserve requirements to 12.5% in 2024 The National Bank of Cambodia (NBC) plans to increase the reserve requirements in foreign currency, particularly US dollars, for banks and financial institutions to 12.5% in 2024. This move follows a 9% increase since January 1, 2023, from 7.5% during the pre-pandemic period. However, the reserve requirements in riel will remain at 7.5% to encourage consumers to use the national currency more in the economy and release loans in riel to businesses and individuals. Former NBC Governor Chea Chanto emphasized the importance of increased reserve requirements due to improved economic activities and effective monetary instruments. (Source: Khmer Times)
In the first seven months of 2023, more than 2.64 million tourists came to Angkor Tourism officials from the APSARA Authority reported a significant increase in national and international tourists visiting Angkor in the first seven months of 2023. Out of the 2,643,000 tourists, 2,203,696 were national tourists and 439,365 were international tourists. In 2022, only 83,854 foreign visitors visited Angkor. The number of tourists is expected to increase as the Royal Government opens Siem Reap Angkor International Airport in mid-October. In July 2023, foreign tourists visited Angkor 53,596, an increase of 124% compared to 2022. Card sales revenue reached $2,439,927, a 154% increase from 2022. The Kantha Bopha Hospital Fund's income for July 2023 was $107,192. (Source: Khmer Times)
ADB loan to help Cambodia transform into technology-driven economy Cambodia has received a $100 million loan from the Asian Development Bank (ADB) to boost productivity by bridging the skills gap through reforms and investments in technical and vocational education and training (TVET). The loan aims to strengthen human capital resources and transform the country into a technology-driven, knowledge-based industrial economy. Cambodia has nine million workers, with women representing 49% of the workforce. The large young population presents a unique opportunity to raise investment in human capital development and enhance the skills of new entrants to the labor market. (Source: The Phnom Penh Post)
Corporate News
A Cambodian business releases 1 million carbon credits Hydrologic, a Cambodian social enterprise, issued over 100,000 carbon credits in July 2023, reducing harmful CO2 emissions by over a million tonnes. The funds are used to increase access to safe drinking water for 3 million Cambodians through locally produced ceramic water purifiers. Nexus for Development, an international NGO, partners with Hydrologic to provide expertise in carbon market certification, carbon credits sales, and financial investment. Hydrologic has distributed 550,000 purifiers and invested in research, development, and training local producers and distributors. (Source: Khmer Times)
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