Karachi’s Pakistan Mercantile Exchange (PMEX) reports significant trading volumes across Metals, Energy, Currencies, and Indices.
Karachi, April 26, 2024: The Pakistan Mercantile Exchange (PMEX) witnessed robust trading activity on Wednesday, with the traded value across Metals, Energy, COTS/FX, and indices surpassing PKR 22.887 billion. The total number of lots traded stood at 15,522.
Gold emerged as the dominant contributor to trading volumes, with transactions amounting to PKR 11.367 billion. Following closely behind was NSDQ 100, with trading valued at PKR 3.919 billion. The currency market through COTS accounted for PKR 2.838 billion in trades, while Crude Oil transactions reached PKR 1.452 billion. Other notable contributions came from Silver (PKR 1.027 billion), Platinum (PKR 1.153 billion), DJ (PKR 333.806 million), Natural Gas (PKR 242.191 million), Japan Equity (PKR 170.690 million), Copper (PKR 166.997 million), SP 500 (PKR 156.364 million), Brent (PKR 30.936 million), and Palladium (PKR 28.088 million).
In the Agricultural commodities segment, 50 lots of Cotton were traded, amounting to PKR 55.777 million.
PMEX continues to serve as a vital platform for traders and investors, facilitating seamless transactions across diverse asset classes. The exchange’s ability to attract substantial trading volumes underscores its significance in Pakistan’s financial landscape, offering a range of investment opportunities to market participants.
As PMEX maintains its momentum, market observers anticipate continued vibrancy in trading activity, driven by evolving market dynamics and investor sentiment.
