Futures open interest up by 25 percent

02 Aug, 2010

Total open interest position at the futures counter increased by 25 percent, to Rs 1.34 billion, during the week ended on July 30, 2010.
The future spreads declined by 4.75 percent. Trading at the futures counter increased significantly, by 70 percent, with average daily volume of 5.2 million shares.
Top 5 scrips, accounting for 70 percent of total future open interest, included OGDC, Engro, POL, MCB and PPL.

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