CSX approaches 70K investor accounts as listed firms raise $650 million
CSX approaches 70K investor accounts as listed firms raise $650 million
CSX continues to waive commission fees for first-time stock investors. A highlight of this year’s ‘My First Stock 2025’ is the official launch of the newly upgraded CSX Trade mobile application that features improved accessibility and a better user experience.
The Cambodia Securities Exchange (CSX) reported a significant milestone with a number of investor accounts reaching more than 68,000 as of October this year, putting the bourse on track to reach its goal of at least 70,000 accounts by the end of 2025.
CSX CEO Hong Sok Hour reported the figures at the opening session of ‘My First Stock 2025’ at AEON Mall Phnom Penh, held from November 28-30.
Hour acknowledged that the market’s progress has been slower than initially anticipated but expressed strong optimism for its long-term development. “Although the number of trading accounts was not as expected, it still increased by more than 10,000 accounts compared to 2024,” he said.
CSX also confirmed the growing role of the capital market in mobilising funds for business expansion.
Currently, 25 listed companies – comprising 11 equity firms and 14 corporate bond issuers – have collectively raised approximately $650 million from the market, he said.
He said that based on the constant increase in the number of investors, he expressed high optimism that the Cambodian securities market will continue to grow better from the beginning of 2026 onwards.
As the eighth of its kind, My First Stock 2025 is an annual investor education initiative that seeks to boost public involvement in Cambodia’s growing stock market.
CSX continues to waive commission fees for first-time stock investors. A highlight of this year’s program was the official launch of the newly upgraded CSX Trade mobile application, which features improved accessibility and a better user experience.
The event also featured presentations from listed companies, securities firms, and financial institutions, such as Phnom Penh Water Supply Authority, Phnom Penh Autonomous Port, Sihanoukville Autonomous Port, ACLEDA Bank, and others.
In Channy, President and Group Managing Director of ACLEDA Bank, emphasised the important role of securities markets for firms to raise funds to develop businesses and for investors to have more options in investment.
“Investors now have more options to invest. They can invest in securities with more flexibility in trading,” Channy said at the event.
Last month, the Royal Government launched the Cambodia Securities Sector Development Strategy 2025-2035, aimed at addressing long-standing challenges and attracting investment into the securities market, transforming the sector into a key driver of economic growth.
The CSX is a joint venture between the Cambodian government holding 55 percent of the stakes and the Korean Exchange, owning the remaining 45 percent.
- 07:57 01/12/2025