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
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.