Brokers, investors turn to growing commodity market

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Country’s commodity trading market has visibly entered into the growth momentum and is on its way to becoming a central hub for commodity related activities which includes investing in precious metals. The number of new investors trading on the exchange grew more than 245 per cent in the current year.
At present there are investors in cities from Karachi, Lahore, Islamabad, Multan, Faisalabad and Peshawar to smaller cities like Jhelum, Attock, Jhang, Sargodha and Rahim Yar Khan who are actively investing in Pakistan Mercantile Exchange (PMEX). PMEX has more than 320 members. Every month more brokers are activating their memberships by getting registered with the Securities and Exchange Commission of Pakistan.