Trading activity at PMEX soars to Rs31.7bn

By MG News | April 03, 2024 at 01:36 PM GMT+05:00

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April 03, 2024 (MLN): Across Metals, Energy, COTS/FX, and indices, the transactions at the Pakistan Mercantile Exchange (PMEX) observed a 7.8% DoD surge on Tuesday to clocked in at Rs31.7 billion compared to the previous session close of Rs29.4bn.

However, the number of lots that changed hands dropped by 4.5% DoD to 23,633 compared to the previous close of 24,761.

Thus, the commodity exchange closed at 10,331 up by 0.34% DoD.

Gold remained in the limelight, contributing significantly to the trading volume with transactions worth Rs15.09bn. Following closely behind, NSDQ 100 recorded trading valued at Rs5.4bn.

Currencies through COTS also made a prominent spot, clocking in at Rs2.57bn. In addition, Platinum, Crude Oil, and Silver attracted substantial attention from investors as well and their transactions stood at Rs1.92bn, Rs1.94bn, and Rs3.4bn, respectively.

Moreover, transactions of Natural Gas transactions reached Rs349m, DJ at Rs230.65m, Copper at Rs480.39m, SP 500 at Rs158m, and Brent at Rs57.9m.

In the agricultural commodities segment, Cotton saw active trading, with 16 lots amounting to Rs16.61m changing hands.

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