Cambodia Investment Review
Cambodia’s stock market recorded one of its strongest months in recent years, with the benchmark index climbing 18 percent in August as trading activity and investor participation surged, according to the Cambodia Securities Exchange (CSX).
The CSX Index closed the month at 541.02 points, bringing its gain over the first eight months of 2026 to nearly 28 percent.
The index reached 560.09 points on August 26, its highest level since March 2022, as increased institutional participation and stronger corporate results helped lift market confidence.
Daily Trading Value Jumps Nearly 300 Percent
Average daily trading value climbed to KHR 3.18 billion, equivalent to almost $800,000, during August. That represented an increase of approximately 300 percent compared with the average recorded during the first seven months of the year.
The sharp rise followed a relatively subdued July, when average daily trading value stood at about $230,000 and the CSX Index closed at 458.26 points.
| Month | Average Daily Trading Value | CSX Index |
| January | $181,691 | 421.92 |
| February | $119,468 | 425.96 |
| March | $169,002 | 433.35 |
| April | $242,731 | 434.23 |
| May | $265,106 | 431.91 |
| June | $303,430 | 455.80 |
| July | $229,552 | 458.26 |
| August | $793,773 | 541.02 |
The CSX attributed the rally to several factors, including share prices that remained attractive relative to companies’ underlying business fundamentals and growth prospects.
Historically strong dividend yields and positive second-quarter financial results from listed companies also helped draw investors into the market, even after the annual dividend-distribution season ended.
Institutional investors played an important role in supporting liquidity during the month, according to the exchange. Their increased participation contributed to broader market confidence and improved expectations for the capital market’s future growth.
Active Investor Numbers Reach Record High
Investor participation also reached a new record in August, with 7,901 active investors completing at least one successful trade during the month.
This was up 28 percent from the 6,166 active investors recorded in July and significantly higher than the 4,794 recorded at the beginning of the year.
The CSX said the figures indicated that existing investors were returning to the market in search of additional investment opportunities and potential returns.
Meanwhile, 2,006 new trading accounts were opened in August—the highest monthly total recorded during the first eight months of 2026.
The August figure was 71 percent higher than July’s 1,176 newly opened accounts and more than double the 949 accounts opened in January.
According to the CSX, the increase reflects improving public awareness of Cambodia’s securities market and growing interest in equities as a potential source of additional income.
Stronger Participation Supports Market Development
The exchange said the rapid expansion of investor participation demonstrated the resilience and growth potential of Cambodia’s capital market.
A larger investor base could also support the CSX’s efforts to broaden its services, introduce new financial products and modernize its technology infrastructure.
While Cambodia’s stock market remains relatively small compared with more established regional exchanges, August’s figures point to strengthening domestic participation and greater market liquidity.
Sustaining that momentum will likely depend on listed companies continuing to deliver positive financial results, greater participation from institutional investors and the introduction of additional investment products and listings.
