Futures spread declined by 416bps

KARACHI: The futures spread declined by 416bps to 1.00 percent on the last day of outgoing week.

Trading activities on the futures counter remained low as average daily volumes declined by 30.3 percent to 95.47 million shares as compared to previous week's average of 137.03 million shares.

Average daily trading value decreased by 26.3 percent to Rs 3.87 billion during this week.

Copyright Business Recorder, 2020