Investor Confidence Holds Firm as CSX Defies Border Tensions

PHNOM PENH, Cambodia (Dec. 30, 2025) — Despite global uncertainties and rising border tensions with Thailand, the Cambodia Securities Exchange (CSX) has maintained stability in share prices and trading volume, underscoring investor confidence in the country’s capital market.

Market data showed no significant fluctuations in the CSX Index or trading activity during the first five days of armed clashes earlier this month. Officials said no investors, including foreign stakeholders, engaged in forced selling, preventing downward pressure on stock prices.

Even as the second outbreak of border conflict continued after Dec. 8, trading remained steady. The exchange reported increased activity driven by a newly listed company and positive disclosures from existing firms. On Dec. 18, six foreign investors executed negotiated trades totaling $1.44 million, boosting overall market value.

“These results clearly show that, despite the ongoing crisis, investors continue to hold and invest in listed shares, reflecting confidence in the Royal Government’s ability to manage the situation and sustain development,” the CSX said in a statement.

Sou Socheat, director general of the Securities and Exchange Regulator of Cambodia, said investor trust remains strong. “Although we are facing border tensions, investors continue to believe in our economy and in the leadership of the government,” he said.