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Futures open interest up 19.5pc
RECORDER REPORT
KARACHI: The market’s total open interest position increased by Rs 448 million, up 19.5 percent on we
RECORDER REPORT
KARACHI: The market’s total open interest position increased by Rs 448 million, up 19.5 percent on week-on-week basis to Rs 2.75 billion.
Trading at the futures counter also improved as the average daily volumes increased by 59.3 percent on week-on-week basis to 13.5 million shares.
The futures spreads, on the other hand, also increased to 8.42 percent, up 77bps on week-on-week basis amid decline in values at the regular counter.
The top-five scrips at the futures counter holding 60 percent of the total open interest were ENGRO, DGKC, PSO, NBP and LUCK.
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