The new government wants to achieve 7% economic growth
| CSX Stocks |
CSX Index
| Value | 1D % Chg | 1D Vol | Mkt Cap (KHR'bn) |
| 486.73 | 0.00 | 107,929 | 13,055 |
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 | 0.00 | 0.27 | -1.06 | 7,500 | 7,460 | 34,345 | 651 |
| GTI | 3,060 | 0.00 | -2.24 | -19.47 | 3,180 | 3,060 | 1,952 | 122 |
| PPAP | 14,020 | 0.00 | -1.27 | 0.14 | 14,240 | 14,020 | 1,139 | 290 |
| PPSP | 2,250 | 1.35 | -1.32 | -5.86 | 2,340 | 2,210 | 30,868 | 162 |
| PAS | 12,700 | -0.16 | -1.40 | -4.65 | 13,240 | 12,700 | 11,248 | 1,089 |
| ABC | 10,040 | -0.20 | -0.79 | -7.21 | 10,120 | 10,040 | 628,040 | 4,349 |
| PEPC | 2,880 | 1.05 | -2.04 | -8.57 | 2,980 | 2,850 | 4,055 | 216 |
| DBDE | 2,190 | 0.92 | 0.00 | -8.37 | 2,190 | 2,140 | 33,204 | 40 |
| JSL | 3,520 | 0.28 | 0.86 | -29.03 | 3,660 | 3,280 | 3,581 | 90 |
| 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 | 17.22 | 0.43 | 0.27 | 61.19 |
| PPAP | 3Q22 | 2,897 | 18,416 | 4.84 | 0.76 | 1.96 | 5.36 |
| PPSP | 3Q22 | 328 | 3,576 | 6.85 | 0.63 | 0.93 | 15.96 |
| PAS | 3Q22 | 1,568 | 5,986 | 8.10 | 2.12 | 3.07 | 13.91 |
| ABC | 3Q22 | 1,702 | 12,067 | 5.90 | 0.83 | 1.49 | NA |
| PEPC** | 2Q22 | 33 | 1,468 | 87.39 | 1.96 | 1.00 | 24.89 |
| DBDE | 3Q22 | -123 | 1,426 | NA | 1.54 | 0.66 | 2.40 |
| 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
PAS, ABC down; PPSP, PEPC up on CSX index On August 11, 2023, the CSX index dropped by 0.37% and reached 486.7 points. PAS and ABC both had decreases of 0.16% and 0.20%, respectively. The PPSP and PEPC, on the other hand, all saw increases of 1.35% and 1.05%, respectively. On the main board, PWSA, GTI, and PPAP remained unaltered. On the growth board, DBDE and JSL also had increases, gaining by 0.92% and 0.28%, respectively. Compared to the previous day's closing level, the trading volume, which was 107,929 shares or KHR 840 million, fell by 15.0%. (Source: YSC Research)
Economy and Industry
The new government wants to achieve 7% economic growth The new Royal Government of Cambodia, set to take office on August 22, will set a macroeconomic target of 7% GDP growth in the medium or long-term. This commitment was revealed at a discussion forum at Hyatt Regency Phnom Penh, where representatives from the Asian Development Bank's Private Sector Operations Department, World Bank's International Finance Corporation, and French Development Agency's PROPARCO shared their financing inputs. The new government is committed to enhancing the business environment for the private sector and implementing regional and global multilateral and bilateral free trade agreements. The new government will develop new approaches for the private sector, particularly MSMEs, and will carry out the Pentagon Strategy based on existing platforms and achievements. (Source: Khmer Times)
International trade declines 16% from January to July as the deficit decreases Cambodia's international trade in the first seven months of 2023 fell 15.6 per cent to $27.7 billion, compared to $32.8 billion in 2022. Exports to international markets fell by 1.8% to $13.5 billion, while imports dropped 25.6 per cent to $14.2 billion. However, Cambodia's trade deficit contracted significantly to $650.2 million. The decline in international trade volume was mainly due to declining orders from international markets, while manufacturing and processing capacity remained strong. The Cambodian Chamber of Commerce vice-president Lim Heng explained that the decline in imports was due to lower orders from international markets. (Source: The Phnom Penh Post)
Cambodian and Laotian regulators to collaborate on capital market Cambodia and Laos are collaborating to boost the growth of their capital market, as they are relatively small compared to their peers in the region. The Securities and Exchange Regulator of Cambodia (SERC) director-general Sou Socheat and Lao Securities Commission Office (LSCO) secretary-general Fongchinada Sengsourivong signed a Memorandum of Understanding (MoU) on August 10. The MoU aims to provide information and technical assistance to ensure mutual progress in the securities market between Cambodia and Laos. The partnership will strengthen capacity building and information exchange, building trust and solidarity, and ensuring long-term progress for both parties. (Source: The Phnom Penh Post)
Corporate News
In the first half, ACLEDA Bank's earnings fell 17% Acleda Bank Plc's total income decreased by 17.7% to $65.7 million in the first six months of 2023, from $83.61 million in the same period last year. The bank generated interest income of $372 million, a 15.53 percent increase from 2022, and interest expense of 61% to $158.42 million. The bank increased expected credit losses of loans and advances due to regulation related to loan reclassifications. However, customer confidence in Acleda Bank and its subsidiaries increased deposit amounts to $6.9 billion, a 14.86 percent increase from June 2022. (Source: Khmer Times)
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