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DGCX SENSEX Futures climb 41% in April

DGCX SENSEX Futures climb 41% in April
SENSEX Futures on the Dubai Gold & Commodities Exchange (DGCX) recorded a month-on-month growth of 41% in April. The Exchange traded a total of 819,941 contracts last month, valued at USD 24.69 billion.

The futures contract, based on SENSEX, the blue-chip stock index of the Bombay Stock Exchange (BSE) offers investors exposure to some of the most heavily traded stocks in one of the world’s largest emerging economies. Increased trading activity on the DGCX SENSEX Futures contract was partly driven by the record-breaking highs the 30-share index experienced on the BSE in late April.

Precious metal volumes were another key highlight in April. Average daily volumes on Gold futures rose 5% in April from the same month last year. Gold futures volumes totaled 39,738 contracts in the month. Silver futures grew 637% from last year to reach 7,385 contracts.

Among the currency pairs, Yen and Canadian Dollars Futures recorded a year-to-date growth of 80% and 20% respectively. DGCX WTI futures traded 7,851 contracts this year, growing 39% from last year.