On Thursday, the Pakistan Mercantile Exchange (PMEX) reported a total traded value of PKR 47.941 billion, showcasing significant activity in metals, energy, COTS (Cash Over-the-Counter Swaps), and indices. The volume of trades reached 33,319 lots, reflecting robust participation across various segments. Gold, as the leading commodity, contributed significantly to the day’s performance, reinforcing its position as a key driver in the commodities market.
Metals and Indices Lead the Market
Gold emerged as the top-performing asset, with a traded value of PKR 18.042 billion. This was followed by the NASDAQ 100 (NSDQ 100), which accounted for PKR 14.843 billion in trades. Silver and Platinum also demonstrated strong performance, contributing PKR 1.533 billion and PKR 1.130 billion, respectively. Copper and Aluminum showed modest contributions, with traded values of PKR 540.872 million and PKR 8.122 million.
Read: Telenor Pakistan Partners with TAAP to Launch Travel SIM
Energy Sector Highlights
The energy sector recorded notable activity, with Crude Oil generating PKR 3.867 billion in trade value. Natural Gas followed closely, contributing PKR 1.473 billion. Brent Oil, although lower in volume, added PKR 99.669 million to the overall traded value, underlining its role in diversifying the energy market activity.
COTS and Other Indices Maintain Momentum
COTS accounted for PKR 6.037 billion, reflecting its steady demand among investors. Indices also showed consistent performance, with SP 500 trading at PKR 280.679 million and the Dow Jones (DJ) at PKR 60.524 million. Japan Equity contributed PKR 21.576 million, further diversifying the index trades.
Agricultural Commodities Trade
In agricultural commodities, 53 lots were traded, amounting to PKR 108.097 million. While relatively smaller in scale compared to metals and energy, this segment continues to attract interest from niche market participants.
Overall Market Insights
PMEX’s robust performance on Thursday highlights the dynamic nature of Pakistan’s commodity market. The significant contributions from Gold and NSDQ 100 reflect investor preference for high-value assets, while energy and indices maintain steady growth. Agricultural commodities, though a smaller segment, add diversity to the market landscape.
The day’s activity underscores PMEX’s role as a key platform for commodities trading in Pakistan. With a well-rounded portfolio of assets and consistent participation, the exchange continues to support diverse investment opportunities.
Follow us on Google News, Instagram, YouTube, Facebook,Whats App, and TikTok for latest updates