MCX rises on inking MoU with Jakarta Futures Exchange
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Multi Commodity Exchange of India is currently trading at Rs. 3673.10, up by 11.95 points or 0.33% from its previous closing of Rs. 3661.15 on the BSE.
The scrip opened at Rs. 3679.75 and has touched a high and low of Rs. 3748.60 and Rs. 3655.95 respectively. So far 14638 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3990.20 on 09-Feb-2024 and a 52 week low of Rs. 1289.20 on 22-May-2023.
Last one week high and low of the scrip stood at Rs. 3756.55 and Rs. 3610.00 respectively. The current market cap of the company is Rs. 18726.35 crore.
The Institutions and Non-Institutions held 79.62% and 20.38% stake in the company.
Multi Commodity Exchange of India (MCX) has entered into a Memorandum of Understanding (MoU) with Jakarta Futures Exchange (JFX) (i.e. PT. Bursa Berjangka Jakarta), the largest exchange in Commodity and Derivatives market in Indonesia, to enhance collaboration in key areas, including knowledge sharing, research, education, training, awareness creation and other market development initiatives. The MoU was formalised on February 26, 2024, at the MCX headquarters in Mumbai.
MCX is the leading commodity bourse, largely offers futures trading in nonagricultural commodities. The exchange contributes maximum business to the total turnover of the commodity futures market.
