Cambodia Investment Review
Cambodia Securities Exchange (CSX) has announced that it will eliminate all commissions on all stock purchases for a one-month period, starting from May 27 to June 28, 2024. This initiative is designed to empower investors and increase market accessibility during the dividend distribution season. The normal brokerage fee for buy and selling Is around 0.5% of the total transaction amount.
During this period, investors can purchase any stocks listed on the CSX without incurring any fees, provided they use brokerage firms that are members of the CSX. This zero-commission initiative coincides with the annual dividend distribution season when many stocks are paying out dividends, providing investors with the dual benefits of no transaction fees and potential dividend earnings.
CSX CEO Hong Sok Hour stated, “We believe that every Cambodian should have the opportunity to invest in the stock market and benefit from its growth as well as the advancement of our national economy. By offering zero fees for purchasing stocks, we aim to level the playing field and encourage broader participation in wealth creation through the stock market.”
Regulator Anticipates The Market Will Experience Robust Trading Prices
The initiative is expected to reduce barriers to entry, thereby increasing liquidity and trading volumes. Investors will have the flexibility to implement their trading strategies more effectively, benefiting from an active marketplace. “With increased investor participation during the promotion period, we anticipate the market will experience robust trading prices, presenting a great opportunity for investors to expect growth momentum in their portfolios,” added Sok Hour.
The zero-commission policy underscores the CSX’s commitment to putting investors first, providing them with the necessary tools and resources to achieve their financial goals. “We are dedicated to transparency, integrity, and high standards in our service to clients. We will continue to innovate to meet the needs of our investors,” Sok Hour emphasized.
For more information on investible stocks and how to start investing, interested parties can visit the CSX website or contact one of the brokerage firms listed below.
Listed Stocks:
- PWSA: Phnom Penh Water Supply Authority, Water Utility, 7,180 KHR
- GTI: Grand Twins International (Cambodia) Plc., Apparel Clothing, 2,280 KHR
- PPAP: Phnom Penh Autonomous Port, Port Services, 13,460 KHR
- PPSP: Royal Group Phnom Penh SEZ Plc., Special Economic Zone Developer, 2,200 KHR
- PAS: Sihanoukville Autonomous Port, Port Services, 12,400 KHR
- ABC: ACLEDA Bank Plc., Financial, 7,540 KHR
- PEPC: Pestech (Cambodia) Plc., Power, 2,180 KHR
- DBDE: DBD Engineering Plc., Construction and Engineering, 2,190 KHR
- JSL: JS LAND Plc., Condo Developer, 3,990 KHR
- CGSM: CAMGSM Plc., Telecommunication, 2,420 KHR
- MJQE: MENGLY J. QUACH EDUCATION Plc., Education, 2,050 KHR
Securities Firms:
- ACLEDA Securities Plc.: 015 723 388 / 012 840 105, acledasecurities.com.kh
- RHB Securities (Cambodia) Plc.: 016 474 768 / 012 979 985, rhbis.kh.dealings@rhbgroup.com
- Cana Securities Ltd.: 023 999 887 / 071 333 495, canasecurities.com.kh
- SBI Royal Securities Plc.: 023 999 595 / 077 333 631, sbiroyal.com.kh
- Yuanta Securities (Cambodia) Plc.: 092 777 309 / 023 860 800, yunatacambodia.com.kh
- Cambodia Securities Plc.: 023 997 888, cambodiasecurities.com.kh
- Royal Group Securities Plc.: 023 994 999 / 095 999 172, royalgroupsecurities.com.kh
- Campu Securities Plc.: 070 998 860 (Telegram), campusecurities.com.kh
- Golden Fortune (Cambodia) Securities Plc.: 088 612 6666
- PP Link Securities Co., Ltd.: 023 866 622, pplinksecurities.com.kh
- Cambodia – Vietnam Securities Plc.: 023 886 555
For further details, please contact Ms. Kim Sophanita, Director of Market Operations Department, via email at sophanita.kim@csx.com.kh.
