Futures spreads up by 196 basis points

The futures spreads rose by 196 basis points to reach 6.14 per cent during the outgoing week ended on November 21, 2014. During the last week, trading activity on the futures counter witnessed an upward trend and average daily volume surged by 31.3 per cent to 25.16 million shares. Similarly, with an increase of 24.3 per cent, the average daily trading value stood at Rs 2.782 billion at the end of the last week.