18 April 2012
AFP
AFP
PHNOM PENH: The Cambodia Securities Exchange (CSX) finally began trading shares on Wednesday nine months after it officially opened, when a water monopoly became the first firm to list.
Trading symbolically started at 09:09 am local time (0209 GMT) — the
number nine is considered lucky in Cambodia — and will finish at noon.
Normal trading hours will be from 08:00 am until 11:30 am.
Cambodia launched the bourse to great fanfare in July 2011, after
numerous delays because of the global financial crisis and regulatory
hurdles.
But no firms were ready to list on the market
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