Futures spread down by 765bps

The futures spread declined by 765bps to 7.41 percent on the last day of the outgoing week.
Trading activities on the futures counter remained thin as average daily volumes decreased by 10.8 percent to 66.49 million shares as compared to previous week's average of 74.56 million shares.
Average daily trading value however increased by 34.9 percent and stood at Rs 2.39 billion during this week.