Cambodia Investment Review
The Cambodia Securities Exchange (CSX) closed Week 48 with steady momentum as several key gainers drove the index higher. The CSX Index ended at 414.56 on November 21, rising from 411.20 at the start of the week. Daily advances ranged between 0.15% and 0.38%, reflecting broad but moderate buying interest.
Total market capitalization finished at 11.12 trillion riel (approx. USD 2.7 billion), while the final session recorded 119 million riel in trading value (approx. USD 29,000). Despite volatility in day-to-day turnover, a few outperformers on the main board and growth board stood out as the primary drivers of weekly gains.
ABC leads as the strongest performer
ABA Bank (ABC) closed the week at 7,040 riel after gaining 20 riel, representing a 0.28% rise. ABC also posted the highest trading value among the week’s top gainers at 51.94 million riel (approx. USD 12,670).
Investor appetite for financial sector names continues to support ABC’s position as one of the exchange’s most actively traded stocks, helping stabilize broader index performance throughout the week.

PPSP and CGSM post steady upward momentum
Phnom Penh SEZ (PPSP) recorded the strongest percentage gain of the week, closing at 2,100 riel (approx. USD 0.51), up 10 riel or 0.48%. Trading value reached 22.52 million riel (approx. USD 5,490), signalling renewed attention on industrial and logistics-linked counters.
CGSM closed at 2,510 riel (approx. USD 0.61) after rising 10 riel, marking a 0.40% increase. The stock generated 6.46 million riel in trading value (approx. USD 1,570), maintaining consistent buying interest across the week.
Mixed performance across the growth board
On the growth board, DBDE advanced by 10 riel (0.47%) to close at 2,140 riel (approx. USD 0.52), continuing its steady upward trajectory.
In contrast, JSL declined by 20 riel or 0.74% to 2,680 riel (approx. USD 0.65), making it the week’s most notable underperformer among growth board listings.
Across the broader market, index gains were supported primarily by stable performance in financial, industrial, and consumer-linked counters. Trading volume ranged from 31,359 to 130,842 shares per session, with the strongest activity recorded mid-week.
As the CSX heads into the final weeks of the year, investor attention will focus on whether this upward momentum can be sustained amid evolving macroeconomic developments and company-specific catalysts.

