Futures spread declined by 548bps

KARACHI: The futures spread declined by 548bps to 5.72 percent on the last day of outgoing week.

Trading activities on the futures counter remained thin as average daily volumes decreased by 54.3 percent to 109.28 million shares as compared to previous week's average of 239.22 million shares.

Average daily trading value on the futures counter declined by 53.3 percent during this week and stood at Rs 4.47 billion.

Copyright Business Recorder, 2020