Commodity indices

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Commodity indices

Indices measuring the price and performance of physical commodities, often by the price of futures contracts for the commodities that are listed on commodity exchanges.

Commodity Indices

Indices that track the price of different types of commodities. A commodity index may track commodities directly, or indirectly by tracking futures contracts for certain commodities. For example, commodity indices may track energy products or currencies, or may tracks futures contracts in either of those. Commodity indices operate much like exchange-traded funds or mutual funds in day-to-day trading: investors may buy, sell, or short sell shares in commodity indices as if they were stocks. An advantage to trading commodity indices is that it gives investors access to commodity markets without needing to buy or accept delivery on the underlying commodities.
References in periodicals archive ?
KARACHI -- Pakistan Mercantile Exchange Limited (PMEX)'s commodity index on Monday closed at 4,120 points.
The constituents of the commodity index should have had futures contracts on the exchange for the preceding 12 months and they should have traded for at least 90 per cent of the trading days during the previous 12 months.
KARACHI -- The Pakistan Mercantile Exchange Limited (PMEX)'s commodity index on Tuesday closed at 3,910 points.
The Bloomberg Commodity Index Total Return performance was higher for the month, with 15 out of 22 Index constituents posting gains.
Pakistan Mercantile Exchange Limited's commodity index on Monday closed at 3,485 points; with the traded value of metals, energy and COTS/FX recorded at 6.103 billion.
Karachi -- The Pakistan Mercantile Exchange Limited (PMEX)'s commodity index on Thursday closed at 3,471 points; with traded value of metals, energy and COTS/FX recorded at 8.985 billion.
BBD Digital Capital Group, a leader in big data solutions, financial risk management and service, will produce commodity index products using dynamic ontology based super intelligence by deploying multi-dimensional dynamic data analysis and a valuation metric known as Digital asset Return.
Some market participants, regulators, and civic organizations argued that the inflow into new commodity index investments was the principal driver of the spike in agricultural and energy prices.
Corn futures also rose, on track to extend their three-session winning streak as investors staked out positions ahead of annual rebalancing by commodity index funds.
The annual weighting of the individual components is based on the Bloomberg Commodity Index is currently 35.5 percent agriculture sector, 30.9 percent energy sector, 17 percent industrial metals sector and 15.6 percent precious metals sector.
COMMODITIES have been among the best performing assets so far in 2016, with the Bloomberg Commodity Index rallying by nearly 7% since the start of the year.
With the newly reduced fees, the maximum management fee for the United States Commodity Index Fund (USCI) will be 0.80 percent.

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