61 percent decline in futures open interest

09 Aug, 2010

Total open interest position at the futures counter declined by 61 percent on week-on-week basis to Rs 622 million. The future spreads also decreased by 1.35 percent during the week ended on August 6, 2010. Trading at the futures counter, however, improved and the average daily volume increased by 63.3 percent to 1.9 million shares.
The top 5 scrips, accounting for 66 percent of the total future open interest included OGDC, Engro, POL, MCB and PPL.

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