According to the Securities Trading Statistical Bulletin released on August 31, 2026, total equity trading volume reached 12.23 million shares in Q2, compared with 7.65 million shares in Q1. Trading value also climbed to KHR63.02 billion, or about US$15.65 million, representing a 61.74 percent increase. The stronger performance came despite fewer trading days, with average daily trading activity increasing by more than 70 percent.
Synopsis: Cambodia’s stock market gained significant momentum in Q2 2026, driven by a sharp rise in equity trading and a growing number of participating investors. Market capitalization also increased, while the CSX Index strengthened more than 5 percent. The Main Board remained the center of market activity, led by ACLEDA Bank, while the Growth Board recorded higher trading volumes despite a decline in capitalization.
Equity Trading Activity Accelerates
Equity trading became substantially more active during the second quarter. The 12.23 million shares traded represented a 59.75 percent increase compared with the 7.65 million shares recorded in the first quarter.
Trading value grew even faster, reaching KHR63.02 billion. That represented a 61.74 percent increase from the previous quarter and points to stronger overall market turnover rather than simply a rise in the number of shares changing hands.
The increase is particularly notable because Q2 had fewer trading days than Q1. On a daily basis, average trading activity rose by more than 70 percent, suggesting that the improvement was broad enough to produce significantly stronger activity during the market sessions that did take place.
For businesses and investors watching Cambodia’s capital market, the figures provide an important indication of improving market liquidity and participation. Higher turnover can make listed securities more actively traded and may contribute to greater investor attention toward companies raising or maintaining capital through the securities market.
Market Capitalization and the CSX Index Strengthen
Cambodia’s overall listed equity market also expanded during the quarter. Market capitalization reached KHR12.50 trillion, equivalent to approximately US$3.11 billion, at the end of June. That was a 4.81 percent increase compared with the end of Q1.
The Main Board continued to account for the overwhelming majority of market capitalization, reaching KHR12.22 trillion. The CSX Index also increased 5.18 percent during the quarter to 455.80, reflecting a stronger performance among securities represented in the index.
Main Board trading volume increased 61.55 percent, while trading value rose 64.37 percent. The combination of higher market capitalization, stronger index performance and increased turnover suggests that the quarter brought a meaningful improvement in activity across Cambodia’s principal listed market.
For investors assessing Cambodia’s business environment, these developments are relevant because the stock market provides another channel for tracking corporate performance, investor sentiment and access to capital within the country’s formal financial system.
Growth Board Trading Rises Despite Lower Capitalization
The Growth Board produced a more mixed performance during Q2. Its market capitalization declined 9.04 percent to KHR280.14 billion, indicating that the overall value of securities listed on the board weakened during the quarter.
However, trading activity moved in the opposite direction. Growth Board trading volume increased 39.32 percent, while trading value rose 12.06 percent from Q1.
The contrasting results highlight the difference between market capitalization and trading activity. Although the total value of companies on the Growth Board declined, investors were still more active in buying and selling its listed securities.
For entrepreneurs and growing companies considering Cambodia’s capital market, activity on the Growth Board remains an important indicator to watch. Its performance can provide insight into investor interest in businesses at different stages of development and the broader evolution of Cambodia’s equity market.
More Than 10,000 Investors Participate in Q2
Investor participation expanded significantly during the second quarter, with 10,036 investors active in the market. That represented a 22.93 percent increase compared with Q1.
Cambodian investors accounted for nearly 98 percent of participants, demonstrating that domestic investors continued to form the core of Cambodia’s securities market.
The increase in participation is particularly relevant for the long term development of Cambodia’s capital market. A broader domestic investor base can contribute to greater market liquidity while strengthening public familiarity with listed companies and investment products.
For business leaders and companies interested in raising capital, expanding investor participation can also create a larger potential pool of market participants. Continued growth in domestic participation could therefore become an important factor in the development of Cambodia’s investment ecosystem.
ACLEDA Bank Leads Main Board Trading
ACLEDA Bank remained the dominant stock on the Main Board during Q2, accounting for 48.57 percent of total trading volume and 66.06 percent of trading value.
Royal Group Phnom Penh SEZ and Mengly J. Quach Education followed ACLEDA Bank among the most actively traded Main Board securities.
The concentration of trading activity among several leading listed companies shows that investor interest remains focused on particular businesses. For investors and corporate decision makers, trading concentration can provide useful insight into which listed companies are attracting the greatest level of market attention.
Bond Market Adds Depth to Cambodia’s Capital Market
Cambodia’s capital market activity extended beyond equities during the quarter. The bond market recorded trading of 1.625 million units with a total value of KHR164.70 billion.
The Ministry of Economy and Finance also issued 255,520 government bonds during Q2. The securities carried yields ranging from 2.80 percent to 5.60 percent, with maturities extending to as long as 15 years.
The continued activity in government bonds provides investors with another avenue for participating in Cambodia’s financial markets. For businesses, investors and financial professionals, the development of both equity and bond markets is important because a broader securities market can provide more options for investment, financing and capital allocation.
What the Q2 Figures Mean for Investors and Businesses?
The second quarter figures point to a more active Cambodian securities market, with stronger equity turnover, increased investor participation and a rising CSX Index. The improvement in daily trading activity is particularly notable because it occurred despite fewer trading days.
For investors, the figures may indicate growing market engagement and improving liquidity, although individual securities continue to carry their own risks and investment considerations. For companies and entrepreneurs, the stronger activity also underscores the potential role of Cambodia’s securities market in supporting corporate financing and attracting investment.
At the same time, the mixed performance between the Main Board and Growth Board shows that market conditions are not uniform across all listed companies. Investors therefore need to assess individual businesses, financial performance, valuations and market conditions rather than relying solely on overall market growth.
Cambodia’s Capital Market Shows Signs of Greater Momentum
The Q2 2026 results provide a positive snapshot of Cambodia’s developing securities market. Equity trading volume increased 59.75 percent, trading value rose 61.74 percent, market capitalization expanded 4.81 percent and active investor participation grew 22.93 percent.
The bond market also recorded substantial turnover, while government bond issuance provided additional investment opportunities with maturities extending up to 15 years.
Taken together, the figures suggest that Cambodia’s capital market is attracting greater activity from domestic investors and that listed securities are becoming a more visible part of the country’s financial and investment landscape. For investors, entrepreneurs, executives and businesses considering Cambodia, continued growth in market participation and liquidity will be an important development to follow as the country’s financial ecosystem evolves.
Conclusion
Cambodia’s stock market entered the second half of 2026 with considerably stronger trading momentum than it had at the beginning of the year. The sharp rise in equity turnover and investor participation, combined with gains in market capitalization and the CSX Index, signals increasing activity in the country’s securities market. While the figures do not remove investment risks, they provide an encouraging indication of growing engagement with Cambodia’s formal capital markets and their expanding relevance to businesses and investors.