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FINANCE Tuesday 16th August

PHNOM PENH: National bank of Cambodia Daily Exchange Rate is 4,100 KHR to the USD$

The CSX Index is currently at 472.57 Points up 0.26 Points or 0.05%

Cambodia’s rubber industry has had slight drop of 0.3 percent with exporting 161,562 tons in the first seven months of 2022, compared to the same period last year.

Markets reversed earlier session losses and were slightly higher. The MSCI world equity index (.MIWD00000PUS), which tracks shares in 50 countries, was up 0.23%. Overnight in Asia, MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) had closed 0.34% lower.

The dollar index, which measures the greenback against six peers, rose 0.785%, with the euro down 0.97% to $1.0158.

Brent crude futures settled down 3.1% to $95.10 a barrel, while U.S. West Texas Intermediate crude closed at $89.41, down 2.9%.

The Dow Jones Industrial Average (.DJI) rose 0.42% to 33,903.57, the benchmark S&P 500 (.SPX) gained 0.37% to 4,296.09 points, and the Nasdaq Composite (.IXIC) added 0.59% to 13,123.89.

Gold fell over 1% to its lowest in a week on Monday amid sharp declines across precious metals due to a stronger dollar, with concerns over further rate hikes by the U.S. Federal Reserve adding to pressure on bullion.

Spot gold dropped 1.3% to $1,778.53 an ounce, while U.S. gold futures fell 1% to $1,781.40 an ounce.

Bitcoin traded at US$24,136. 0.8% down in the last 24 hours. 


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