Trading activity at PMEX skyrockets by 40% DoD

MG News | April 08, 2024 at 02:52 PM GMT+05:00

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April 08, 2024 (MLN): The trading activity at the Pakistan Mercantile Exchange (PMEX) surged by 40.24% DoD on Friday to clock in at Rs36 billion compared to the previous close of Rs25.74bn.

At the same time, with an increase in the number of lots traded, 24,171 lots changed hands, compared to the 1,8977 on Thursday.

As a result, the commodity exchange closed at 10,454, up by 0.38% DoD.

Gold continued to stay in the spotlight, contributing significantly to the trading volume with transactions worth Rs22.09 billion. Following closely behind, NSDQ 100 recorded trading valued at Rs3.96bn.

Currencies through COTS also made a prominent spot, clocking in at Rs3.33bn. In addition, Platinum, Crude Oil, and Silver attracted substantial attention from investors as well and their transactions stood at Rs1.29bn, Rs1.33bn, and Rs2.82bn, respectively.

Moreover, transactions of Natural Gas transactions reached Rs226.57 million, DJ at Rs325.89m, Copper at Rs346m, SP 500 at Rs309.6m, and Brent at Rs26.84m.

In the agricultural commodities segment, Cotton saw active trading, with 12 lots amounting to Rs14.46m changing hands.

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