Open interest in futures rises 24 percent

17 Aug, 2009

The open interest at the futures counter surged by 24 percent during the week ended on August 15 to close at Rs 259.7 million. The futures spread rose by 907bps, ending the week at 7.74 percent. Average trading volume at futures counter increased by 2.3 percent to 1.7 million shares.
The top 5 scrips by futures investment were OGDC, PPL, DGKC, POL and Engro cumulatively accounting for 61 percent of the total outstanding open interest.

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