AGL 39.58 Decreased By ▼ -0.42 (-1.05%)
AIRLINK 131.22 Increased By ▲ 2.16 (1.67%)
BOP 6.81 Increased By ▲ 0.06 (0.89%)
CNERGY 4.71 Increased By ▲ 0.22 (4.9%)
DCL 8.44 Decreased By ▼ -0.11 (-1.29%)
DFML 41.47 Increased By ▲ 0.65 (1.59%)
DGKC 82.09 Increased By ▲ 1.13 (1.4%)
FCCL 33.10 Increased By ▲ 0.33 (1.01%)
FFBL 72.87 Decreased By ▼ -1.56 (-2.1%)
FFL 12.26 Increased By ▲ 0.52 (4.43%)
HUBC 110.74 Increased By ▲ 1.16 (1.06%)
HUMNL 14.51 Increased By ▲ 0.76 (5.53%)
KEL 5.19 Decreased By ▼ -0.12 (-2.26%)
KOSM 7.61 Decreased By ▼ -0.11 (-1.42%)
MLCF 38.90 Increased By ▲ 0.30 (0.78%)
NBP 64.01 Increased By ▲ 0.50 (0.79%)
OGDC 192.82 Decreased By ▼ -1.87 (-0.96%)
PAEL 25.68 Decreased By ▼ -0.03 (-0.12%)
PIBTL 7.34 Decreased By ▼ -0.05 (-0.68%)
PPL 154.07 Decreased By ▼ -1.38 (-0.89%)
PRL 25.83 Increased By ▲ 0.04 (0.16%)
PTC 17.81 Increased By ▲ 0.31 (1.77%)
SEARL 82.30 Increased By ▲ 3.65 (4.64%)
TELE 7.76 Decreased By ▼ -0.10 (-1.27%)
TOMCL 33.46 Decreased By ▼ -0.27 (-0.8%)
TPLP 8.49 Increased By ▲ 0.09 (1.07%)
TREET 16.62 Increased By ▲ 0.35 (2.15%)
TRG 57.40 Decreased By ▼ -0.82 (-1.41%)
UNITY 27.51 Increased By ▲ 0.02 (0.07%)
WTL 1.37 Decreased By ▼ -0.02 (-1.44%)
BR100 10,504 Increased By 59.3 (0.57%)
BR30 31,226 Increased By 36.9 (0.12%)
KSE100 98,080 Increased By 281.6 (0.29%)
KSE30 30,559 Increased By 78 (0.26%)

The investment under the continuous funding system (CFS) at the local share market settled at Rs 54.52 billion on Friday (June 29) slightly above Rs 54.43 on the same day a week earlier.
The CFS rates continued their upward move and leaped to a 16-week high of 13.11 percent on Thursday, finally settling at 12.9 percent on June 29 compared with 11.98 percent on June 22. PPL, OGDC, NBP, POL and Lucky Cement contributed 48 percent (Rs 26.5 billion) to the total investment. This was the shorter week for the CFS market as it remained closed on June 27 due to bank holiday on the settlement date.
The open interest in the July counter settled at Rs 9.50 billion on Friday against Rs 6.70 billion on the same day a week earlier. Futures spread settled higher at 8.7 percent over -0.9 percent at the end of the previous week. Average futures volume stood at 98 million shares against 61 million shares a week earlier, showing an increase of 45 percent.
The increase in investment, spreads, and volume can be attributed to the initiation of the July contract. OGDC, NBP, POL, DGKC and PPL remained top five by value and contributed 53 percent to the total open interest. This was the rollover week and out of Rs 11.5 billion outstanding open interest in June contract on previous Friday, Rs 5.4 billion (47 percent) was transferred to July''s future.

Copyright Business Recorder, 2007

Comments

Comments are closed.