ICICI Securities: Bullion Volumes Continues To Moderate In October

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICICI Securities Report.Multi Commodity Exchange Ltd. reported an average daily trading volume of Rs 334 billion in first two weeks of October 2020, up 14% YoY and down 2% month-on-month.This has been the second consecutive month-on-month decline.On YoY basis, gold, silver, natural gas, copper ADTV grew 26%, 112%, 189%, 76% respectively YoY.Crude ADTV declined 78% YoY. Ex-crude ADTV grew 72% YoY. Base metals growth turned positive after 23 months of negative growth, but the ‘turnaround’ was largely on account of weak base..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

ICICI Securities: Bullion Volumes Continues To Moderate In October

ICICI Securities: Bullion Volumes Continues To Moderate In October

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