Trading activity at PMEX slips by 21% DoD

MG News | April 23, 2024 at 12:22 PM GMT+05:00

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April 23, 2024 (MLN): The trading activity at the Pakistan Mercantile Exchange (PMEX) on Monday plummeted to Rs29.44 billion, marking a significant decline of 21% DoD compared to the previous session close of Rs37.26bn.

At the same time, with a drop of 16.73% DoD in the number of lots traded, 21,235 lots changed hands, compared to 25,504 during the previous session. While, the commodity exchange closed at 10,297, up by 0.17% DoD.

Gold remained in the limelight, contributing significantly to the trading volume with transactions worth Rs16.67bn. Following closely behind, NSDQ 100 recorded trading valued at Rs2.97bn.

Currencies through COTS also made a prominent spot, clocking in at Rs2.09bn. In addition, Platinum, Crude Oil, and Silver attracted substantial attention from investors as well and their transactions stood around Rs1.72bn, Rs1.64bn, and Rs2.89bn, respectively.

Moreover, Natural Gas transactions reached Rs108.46m, DJ at Rs406.38m, Copper at Rs311m, S&P 500 at Rs270.18m, and Brent at Rs30.34m.

In the agricultural commodities segment, Cotton saw active trading, with 21 lots amounting to Rs23.31m changing hands.

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