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PMEX trading activity inches up to Rs28.26bn

PMEX trading activity surges by 82% DoD
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April 18, 2024 (MLN): The trading activity at the Pakistan Mercantile Exchange (PMEX) has observed an increase of 5.7% DoD on Wednesday as the traded contracts stood at Rs28.26 billion compared to the previous close of Rs26.73bn. 

At the same time, with an increase of 9.44% DoD in the number of lots traded, 22,044 lots changed hands, compared to 20,141 during the previous session. While, the commodity exchange closed at 10,185, down by 1.03% DoD.

Gold continued to remain in the limelight, contributing significantly to the trading volume with transactions worth Rs14.48 billion. Following closely behind, NSDQ 100 recorded trading valued at Rs3.36bn.

Currencies through COTS also made a prominent spot, clocking in at Rs3.3bn. In addition, Platinum, Crude Oil, Silver and Paldium attracted substantial attention from investors as well and their transactions stood at Rs1.25bn, Rs1.84bn, and Rs2.55bn, and Rs28.49m, respectively.

Moreover, transactions of Natural Gas transactions reached Rs129.13 m, DJ at Rs328.25m, Copper at Rs185.16m, SP 500 at Rs423.39m, and Brent at Rs68.38m.

In the agricultural commodities segment, Cotton saw active trading, with 26lots amounting to Rs38.84m changing hands.

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Posted on: 2024-04-18T11:01:16+05:00