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Index falls for third consecutive trading day

Cambodia’s stock market dropped again yesterday to close at 664.88 points, down 0.82 percent (5.48 points).

The drop marks the third day of losses since last Thursday’s massive 7.74 percent one-day rise.

Trading volumes remained healthy at more than half a billion riels.

They were recorded at 543,907,720 riels ($131,920) with 37,378 shares in total exchanged.

Individual shares PWSA, GTI PPAP and PAS remained stable at 5,700 riels 3,060 riels 11,720 riels and 14,960 riels respectively.

PPSP fluctuated before jumping to 2,300 riels yesterday and ABC dropped to 17,300 riels.

 

Rice exports near 500K tonnes in first seven months

Cambodia recorded 426,073 tonnes of total rice exports in the first seven months of 2020, representing an increase of 38.33 percent from over the same period last year.

Market share was  China at 37 percent, EU/UK at 34 percent, Asean at 13 percent and other nations at 16 percent.

 

Regional stocks rise on US data

Asian stocks rallied yesterday following another record close on Wall Street, with investors cheered by forecast-beating US data and hopes for fresh stimulus for the world’s top economy.

Tokyo finished 1.7 percent higher after rallying more than 2 percent on Monday, helped by a drop in the yen that supported exporters.

Sydney piled on almost 2 percent.

Hong Kong increased more than 2 percent. Mumbai was up 1.7 percent. Seoul, Taipei, Singapore, Manila and Jakarta were all more than 1 percent up.

Wellington and Bangkok were up almost 1 percent and Shanghai edged slightly higher.

London, Paris and Frankfurt all opened on a positive note.

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