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PMEX trading drops 7.76% to Rs26bn

PMEX trading activity surges by 82% DoD
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April 19, 2024 (MLN): Across Metals, Energy, COTS/FX, and indices, the trading activity on Thursday shrunk at the Pakistan Mercantile Exchange (PMEX) to clock in at Rs26.06 billion, marking a 7.76% DoD drop compared to the previous session close of Rs28.26bn.

At the same time, with a reduction of 20.55% DoD in the number of lots traded, 17,520 lots changed hands, compared to 22,044 during the previous session. While, the commodity exchange closed at 10,174, down by 0.05% DoD.

Gold remained in the limelight, contributing significantly to the trading volume with transactions worth Rs12.72 billion. Following closely behind, NSDQ 100 recorded trading valued at Rs3.94bn.

Currencies through COTS also made a prominent spot, clocking in at Rs2.22bn. In addition, Platinum, Crude Oil, and Silver attracted substantial attention from investors as well and their transactions stood around Rs1bn, Rs2.57bn, and Rs2.45bn, respectively.

Moreover, transactions of Natural Gas transactions reached Rs105.8m, DJ at Rs318.33m, Copper at Rs298.19m, SP 500 at Rs174.94m, and Brent at Rs64.48m.

In the agricultural commodities segment, Cotton saw active trading, with 49lots amounting to Rs72.82m changing hands.

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Posted on: 2024-04-19T10:56:14+05:00