Deadly Collision Claims 67 Lives in U.S. Air Disaster | At Least 30 Dead and Many Injured in Stampede at Maha Kumbh Mela in India | Cambodia's Future Leaders Celebrated as Prime Minister Hun Manet Speaks at Asia-Europe University Graduation | The National Bank of Cambodia and Central Bank of Madagascar seal a partnership to enhance bilateral economic cooperation. | Minister of Health Delivers Lecture on Leadership and Innovation on "Methods of Critical Thinking – Part 2" | BREAKING: Takeo Provincial Court President Dismissed for Premature Release of Murder Convict | BREAKING: Samdech Hun Sen Announces Absence from Senate Plenary Session After Positive COVID-19 Test |
Deadly Collision Claims 67 Lives in U.S. Air Disaster | At Least 30 Dead and Many Injured in Stampede at Maha Kumbh Mela in India | Cambodia's Future Leaders Celebrated as Prime Minister Hun Manet Speaks at Asia-Europe University Graduation | The National Bank of Cambodia and Central Bank of Madagascar seal a partnership to enhance bilateral economic cooperation. | Minister of Health Delivers Lecture on Leadership and Innovation on "Methods of Critical Thinking – Part 2" | BREAKING: Takeo Provincial Court President Dismissed for Premature Release of Murder Convict | BREAKING: Samdech Hun Sen Announces Absence from Senate Plenary Session After Positive COVID-19 Test |

FINANCE Friday 15th JULY

  • Posted Jul 15, 2022 14:15 by Anthony Ellis
  • 2079
  Aa |   aA

The CSX Index is currently at 482.07 Points down 1.29 Points or 0.27%

National bank of Cambodia Daily Exchange Rate is 4.085 KHR to the USD$

Cambodia Investment Committee of the Cambodia Development Council.

According to the investment request of the company, the Investment Committee of Cambodia of the Council for the Development of Cambodia decided to issue the investment project registration certificate to the following companies:

1. XIN MEI DA (CAMBODIA) GARMENT CO., LTD. Their project is to establish a garment factory located in Khan Meanchey, Phnom Penh, with an investment capital of approximately $3.6 million US dollars and will Create 997 jobs.

2. W.L WEI LIAN GARMENT CO., LTD. Their project is to establish a garment factory located in Kampong Speu province with an investment capital of approximately 3.1 million US dollars and will create 1,220 jobs.

S&P 500, Dow close lower after bank earnings, inflation data

The S&P 500 (.SPX) pared early losses to close modestly lower on Thursday after investors digested disappointing quarterly results from two large U.S. banks and hotter-than-expected inflation data.

Initially, all three major U.S. stock indexes sold off sharply in the wake of second-quarter earnings from JPMorgan Chase & Co and Morgan Stanley (MS.N). Both reported slumping profits and warned of impending economic slowdown.

Losses narrowed as the session wore on, with advancing microchip stocks (.SOX) helping nudge the Nasdaq Composite Index to a nominal gain.

The Dow Jones Industrial Average (.DJI) fell 142.62 points, or 0.46%, to 30,630.17, the S&P 500 (.SPX) lost 11.4 points, or 0.30%, at 3,790.38 and the Nasdaq Composite (.IXIC) added 3.60 points, or 0.03%, at 11,251.19.

Eight of the 11 major sectors of the S&P 500 ended the day in negative territory, with financials (.SPSY) suffering the largest percentage loss, dropping 1.9%.

Volume on U.S. exchanges was 10.86 billion shares, compared with the 12.48 billion averages over the last 20 trading days.

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