Review: PMEX plans for next five years

KARACHI: The Board Members of Pakistan Mercantile Exchange (PMEX) met to review and approve financial accounts of the year 2010 -2011 and the plans for the next five years here at the head office of the Exchange. During 2010-11, the traded volumes at the Exchange increased to Rs490 billion from Rs63 billion in the previous year, a growth of 671%. The number of new investors grew 245% during the year as 20 new brokers initiated their business at the exchange and added on new clients. The main objective will be to initially list all the major domestic agricultural products on the Exchange.

Published in The Express Tribune, September 24^th,  2011.