Phnom Penh: The total capital raised through the Cambodia Securities Exchange (CSX) is expected to reach $700 million by the end of 2025, following the planned listing of an additional $100 million worth of bonds by ACLEDA Bank tomorrow.
The announcement was made by Sou Socheat, Delegate of the Royal Government and Director-General of the Securities and Exchange Regulator of Cambodia (SERC), during the Annual Securities Conference 2025, held on October 7 in Phnom Penh.
The conference, held under the theme “The Evolving of Cambodia Securities Sector: Sustainability, Innovation, Inclusion and Resilience,” marked the first national-level securities event organized by SERC in over 15 years since the sector’s inception. The event brought together Minister of Economy and Finance Aun Pornmoniroth, who also chairs the Non-bank Financial Services Authority (FSA), alongside senior officials, representatives from the Asian Development Bank (ADB), and other stakeholders.
Socheat noted that Cambodia’s securities market has grown steadily since its establishment, with 25 companies listed on the CSX to date, raising a combined total of $550 million. Among them, 11 firms have issued equity securities, while 14 have issued debt instruments, including green and sustainability bonds.
As of the second quarter of 2025, the market capitalization stood at approximately 11.01 trillion riel ($2.75 billion), representing 5.73 percent of Cambodia’s GDP. The market recorded 231 million shares traded, with an average daily trading volume of 73,438 shares and an average daily trading value of around $130,000. The number of investors with registered trading accounts has now reached 61,306.
In the bond market, total trading volume reached 1.7 million units by the second quarter, with an estimated total trading value of $2 billion. To date, SERC has issued 93 regulations to strengthen market supervision, investor protection, and policy innovation to promote sustainable growth in the sector.
Socheat acknowledged that despite steady development, Cambodia’s securities market remains relatively small compared to those of more mature economies. However, he emphasized that the progress achieved so far reflects a growing investor base and greater confidence in the country’s financial ecosystem.
Minister Aun Pornmoniroth highlighted the vital role of the securities market as both a financial mechanism and an economic barometer. He said that for developing nations like Cambodia, the securities market serves as a key enabler of inclusive, innovative, and sustainable growth.
“The development of the financial sector is a driving force of the national economy and an essential part of the Pentagonal Strategy Phase I, which aims to promote resilient and inclusive growth,” he stated.
Pornmoniroth added that the evolution of Cambodia’s securities market underscores the country’s economic maturity and provides long-term, diversified financing channels that enable companies to expand and contribute to national development through sustainability and innovation.
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