Futures'' spreads down by 452 basis points

The futures spreads decreased by 452 basis points (bps) during the outgoing week ended December 7 to 6.22 percent. Trading activities on the futures counter also decreased during the week, as average daily volumes declined by 56 percent to 11.3 million shares. The average daily trading value also witnessed a downward trend, settling 57.5 percent lower at Rs774 million.