CSX Raises Over US$54million in Capital in 2022, 133% Y-o-Y Increase

• Sommana Yan
• 17 January 2023
• Local News
• 2021 Views

In 2022, the Cambodia Securities Exchange (CSX) raised a total capital of over 222 billion riels or US$ 54 million, an increase of 133% compared to 2021, according to a press release by CSX on 11 January 2023. 

Most of this capital came from the issuance of bonds, of which corporate bonds accounted for 63% and state securities accounted for 32%. 

In 2022, CSX also listed a total of seven new securities, an increase of 2.5 times compared to 2021, including: 

-JS Land Plc with the symbol “CSX: SL” 

-3 corporate bonds from Royal Rail. (Read more)

-State bonds from the Ministry of Economy and Finance, the first listing of state bonds in the Kingdom of Cambodia. 

The number of newly opened trading accounts in 2022 increased by more than 5,000 accounts, equivalent to 31% compared to the previous year. 

The output index at the end of 2022 also increased slightly, about 2% compared to 2021, as the total market capitalization increased from 7.2 trillion riels to 7.5 trillion rieis. 

CSX also has set its target for 2023 by doubling its daily trading value to US$1 million and doubling the number of newly listed companies or securities to 14, while triple the number of newly-opened trading accounts to 15,000 per year. 

• Business and Market
• Economy and Finance