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Pakistan Mercantile Exchange (PMEX) witnessed 59 per cent increase in value traded on Monday. Total value of trade went up to PKR 6,958 million from PKR 4,364 million on Friday. Number of lots traded increased to 26,847 from 20,298. PMEX Commodity Index was up by 0.05 percent and closed at a level of 3,258. Major business was contributed by gold amounting to PKR 4,347 million, followed by crude oil (PKR 2,324 million) and silver (PKR 286 million).
While there was 153 per cent increase in silver volume to PKR 286 million from PKR 113 million, there was also an increase of 129 percent in gold to PKR 4,347 million from PKR 1,899 million.

Copyright Business Recorder, 2014

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