Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

PMEX Commodity Index ends at 4,734 points

August 3, 2020: On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,734. The traded value of Metals, Energy and COTS/FX was recorded at PKR 10.321 billion and the number of lots

PMEX Commodity Index trades lower by 48 points

July 31, 2020: On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index lost 48 points to finish at 4,716-mark. The traded value of Metals, Energy and COTS/FX was recorded at PKR 9.317 billion and

Gold price surges to Rs 123,500 per tola

July 31, 2020 (MLN): Rising tension between Beijing and Washington, the hope of more stimulus measures on hold, falling US dollar, and an increase in cases of coronavirus across the world have kept gold demand

Gold rally takes a breather

July 30, 2020 (MLN): Contrary to the previous session, Gold traded flat on Thursday as traders were watchful during the session. The price of 24 Karat-Gold remained steady at Rs 122,750 per tola in bullion

PMEX Commodity Index ends at 4,764 points

July 30, 2020: On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,764. The traded value of Metals, Energy and COTS/FX was recorded at PKR 12.615 billion and the number of lots

Gold bulls are back

July 29, 2020 (MLN): The gold market is buzzing on Wednesday as bulls have come back on the trading floors. Gold reached $1,955 per ounce in today’s session, driven by investors seeking safe-haven assets in

PMEX Commodity Index inches higher by 17 points

July 29, 2020: On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index inched higher by 17 points to close at 4,735-level. The traded value of Metals, Energy and COTS/FX was recorded at PKR 17.268

PMEX Commodity index ends at 4,718 points

July 28, 2020: On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,718-mark, up by only 19 points. The traded value of Metals, Energy and COTS/FX was recorded at PKR 15.999 billion

Gold- A safe investment in times of crisis?

July 28, 2020 (MLN): Gold touched its highest before the price rally led to profit-taking. Gold inched lower on Tuesday to clock in at $1915 per ounce, which helped dollar respite. In a volatile trade,

PMEX Commodity Index closes 74 points higher

July 27, 2020: On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index gained 74 points and closed at 4,699-mark. The traded value of Metals, Energy and COTS/FX was recorded at PKR 13.171 billion and

Sale of DAP shows yearly increase of 11.5% in June

July 24, 2020 (MLN): The overall DAP offtake during June 2020 was 176 thousand tonnes, showing an increase of 11.5 percent over June, 2019. According to National Fertilizer Development Centre (NFDC), the cumulative DAP offtake

Fertilizer offtake increases by 67% in June

July 24, 2020 (MLN): The total nutrients offtake during June, 2020 was about 702 thousand tonnes, which increased by 66.9 percent over June, 2019. Nitrogen offtake increased by 78.3 per cent while phosphate offtake increased

PMEX Commodity Index ends at 4,734 points

August 3, 2020: On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,734. The traded value of Metals, Energy and COTS/FX was recorded at PKR 10.321 billion and the number of lots

PMEX Commodity Index trades lower by 48 points

July 31, 2020: On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index lost 48 points to finish at 4,716-mark. The traded value of Metals, Energy and COTS/FX was recorded at PKR 9.317 billion and

Gold price surges to Rs 123,500 per tola

July 31, 2020 (MLN): Rising tension between Beijing and Washington, the hope of more stimulus measures on hold, falling US dollar, and an increase in cases of coronavirus across the world have kept gold demand

Gold rally takes a breather

July 30, 2020 (MLN): Contrary to the previous session, Gold traded flat on Thursday as traders were watchful during the session. The price of 24 Karat-Gold remained steady at Rs 122,750 per tola in bullion

PMEX Commodity Index ends at 4,764 points

July 30, 2020: On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,764. The traded value of Metals, Energy and COTS/FX was recorded at PKR 12.615 billion and the number of lots

Gold bulls are back

July 29, 2020 (MLN): The gold market is buzzing on Wednesday as bulls have come back on the trading floors. Gold reached $1,955 per ounce in today’s session, driven by investors seeking safe-haven assets in

PMEX Commodity Index inches higher by 17 points

July 29, 2020: On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index inched higher by 17 points to close at 4,735-level. The traded value of Metals, Energy and COTS/FX was recorded at PKR 17.268

PMEX Commodity index ends at 4,718 points

July 28, 2020: On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,718-mark, up by only 19 points. The traded value of Metals, Energy and COTS/FX was recorded at PKR 15.999 billion

Gold- A safe investment in times of crisis?

July 28, 2020 (MLN): Gold touched its highest before the price rally led to profit-taking. Gold inched lower on Tuesday to clock in at $1915 per ounce, which helped dollar respite. In a volatile trade,

PMEX Commodity Index closes 74 points higher

July 27, 2020: On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index gained 74 points and closed at 4,699-mark. The traded value of Metals, Energy and COTS/FX was recorded at PKR 13.171 billion and

Sale of DAP shows yearly increase of 11.5% in June

July 24, 2020 (MLN): The overall DAP offtake during June 2020 was 176 thousand tonnes, showing an increase of 11.5 percent over June, 2019. According to National Fertilizer Development Centre (NFDC), the cumulative DAP offtake

Fertilizer offtake increases by 67% in June

July 24, 2020 (MLN): The total nutrients offtake during June, 2020 was about 702 thousand tonnes, which increased by 66.9 percent over June, 2019. Nitrogen offtake increased by 78.3 per cent while phosphate offtake increased