Thursday, July 7, 2022
Market-Reporter
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate
No Result
View All Result
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate
No Result
View All Result
Market-Reporter
No Result
View All Result
Home Commodities

Cash, commodity trading volumes improve sequentially in May; equity derivatives decline

MtR by MtR
June 8, 2021
in Commodities
0
Cash, commodity trading volumes improve sequentially in May; equity derivatives decline


The trading volumes at the Indian stock and commodity exchanges in the month of May 2021 improved sequentially for the cash and commodity segment while equity derivatives witnessed a decline.

Related articles

Metal companies feel the heat as commodity prices continue to dip

July 6, 2022

How much does each commodity group contribute to June inflation?

July 6, 2022

The equity segment witnessed strong momentum in volumes, for both, National Stock Exchange (NSE) and BSE during the month as the ADTV (average daily turnover value) at both the bourses grew 12 percent and 29 percent, MoM.

In May 2021, NSE’s ADTV stood at Rs 78,400 crore compared to the average Rs 72,600 crore in January-April 2021. As such, the volume traction remains strong. BSE’s cash ADTV was Rs 5,600 crore, up 64 percent YoY and 29 percent MoM, according to the ICICI Securities report.

Also read: Commodity price inflation weighs on gross margins on consumer durables

The NSE maintained its dominant market share which stood at 93 percent in May 2021.

However, equity derivatives witnessed a sequential decline for NSE while BSE reported MoM growth.

NSE’s total equity derivatives’ ADTV in May stood at Rs 43.3 trillion as compared to Rs 46.6 trillion in April driven by a drop in notional turnover in options. NSE futures/options ADTV stood at Rs 1.2 trillion/Rs 42.15 trillion in May.

A minimal impact was seen of phase 3 of Sebi’s upfront margin norms (75 percent margin requirement) which were applicable from June 1. The equity cash volumes averaged Rs 77,600 crore in the first four days of June compared to the average Rs 76,700 crore in March-May 2021.

Also read: High commodity prices: Metal companies to benefit; auto, consumer durables to suffer

Meanwhile, the equity derivative volumes averaged Rs 50.7 trillion in the first four days of June compared to the average of Rs 47.9 trillion in March-May 2021, according to the report.

The growth momentum in the currency derivatives cooled down during the month on a sequential basis. In May, NSE/BSE’s currency derivatives’ ADTV grew 44 percent/29 percent YoY to Rs 58,200 crore/ Rs 22,000 crore. However, on an MoM basis, NSE/ BSE witnessed a decline of 34 percent/17 percent respectively.

NSE’s market share in currency derivatives stood at 73 percent in May.

Also read: Bottomline: Profits are set to expand, but watch what you are paying for

On the commodities trading front, the ADTV of MCX rose sequentially on robust silver and copper volumes. MCX reported ADTV of Rs 32,200 crore in May, a growth of 21 percent MoM led by higher volumes and higher prices.

Absolute MoM change in ADTV was Rs 5,700 crore driven by over Rs 4,100 crore due to change in quantity and around Rs 1,600 crore due to change in price, ICICI Securities said.

While there was strong growth in MoM in Silver (25.9 percent MoM) and Copper (62 percent MoM), Crude ADTV declined 19 percent on an MoM basis. On a YoY basis, May ADTV was up 35 percent YoY for the exchange.

Also read: Explained: Is printing money the only way out for COVID-hit economy?

MCX ADTV averaged Rs 29,500 crore in the first four days of June compared to the average of Rs 28,500 crore in March-May and Rs 32,200 crore in May.



Source link

Related Posts

Metal companies feel the heat as commodity prices continue to dip

by MtR
July 6, 2022
0

Weighed down by a sharp fall in prices of metals globally, stocks of commodity-based companies have seen a huge price...

How much does each commodity group contribute to June inflation?

by MtR
July 6, 2022
0

The headline inflation soared to 6.1% in June, the highest in more than three...

China’s June bulk commodity market expands to five-month high

by MtR
July 6, 2022
0

An employee works in a steel factory in Rizhao, Shandong Province, China, June 30. /CFP An employee works in a...

RBA rate lift causes shift in commodity prices

by MtR
July 6, 2022
0

Market Economics Managing Director Stephen Koukoulas says the Reserve Bank’s cash rate lift yesterday has seen some “interesting moves” on...

Subsidy on 5 commodities for KP to continue: ECC allows one-time release of banned items stuck at ports, airports

by MtR
July 6, 2022
0

ISLAMABAD: The government has allowed one-time special permission for the release of stranded consignments of banned items at ports and...

Load More
  • Trending
  • Comments
  • Latest

Bank of England tells ministers to intervene on digital currency ‘programming’

June 21, 2021

Tips for checking smoke alarms during daylight saving time

March 12, 2022

GLOBAL MARKETS-U.S. stocks follow Europe up; Treasury yields rise, dollar firm

July 9, 2021
Fed tapering and emerging markets

Fed tapering and emerging markets

June 7, 2021
African currencies week ahead: Zambia's kwacha seen on back foot, Kenyan shilling up – Business Recorder

African currencies week ahead: Zambia's kwacha seen on back foot, Kenyan shilling up – Business Recorder

0
Maxum Foods releases Global Dairy Commodity Update for June

Maxum Foods releases Global Dairy Commodity Update for June

0
Letter: Perpetual bonds can help states fight hunger

Letter: Perpetual bonds can help states fight hunger

0
United Kingdom ETFs Are Riding the Re-Opening Momentum

United Kingdom ETFs Are Riding the Re-Opening Momentum

0

Online Gaming Market Size to Achieve USD 132 Billion by

July 7, 2022

SPYR, Inc. Issues Statement on Recently Identified

July 7, 2022

Japan could be about to surprise markets with monetary policy

July 7, 2022

Global Prenatal Vitamin Supplements Market is estimated to

July 7, 2022

Recent News

Online Gaming Market Size to Achieve USD 132 Billion by

July 7, 2022

SPYR, Inc. Issues Statement on Recently Identified

July 7, 2022

Japan could be about to surprise markets with monetary policy

July 7, 2022

Categories

  • Asia
  • Bonds
  • Canada
  • Commodities
  • Cryptocurrencies
  • Currencies
  • Emerging Markets
  • ETFs
  • Europe & Middle East
  • IPOs
  • Latin America
  • Mutual Funds
  • Personal Finance
  • Real Estate
  • Retirement
  • Spending & Saving
  • Stocks
  • U.S. Markets
  • Privacy & Policy
  • About Us
  • Contact Us
  • Advertise with us

© 2021 Copyright Market-Reporter

No Result
View All Result
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate

© 2021 Copyright Market-Reporter