The open interest at the futures counter declined by 19.1 percent to Rs 1.7 billion for March and April 2010. The futures spreads were going in the same direction by a massive 20.0pps to stand at 2.83 percent on account of the resurgence in the ready market, analysts said.
Trading activity at the futures counter increased by a significant 53 percent to 7.0 million shares as compared to 4.6 million shares of previous week. Top 5 scrips PTC, AICL, OGDC, POL, and PPL cumulatively contributed 44 percent to the total open interest during the week.