Futures open interest up by 8.5 percent

27 Dec, 2010

Total open interest at the futures counter increased by 8.5 percent to Rs 1.11 billion during the week ended on December 24, 2010. The futures spread declined by 403bps on week-on-week basis to 3.29 percent. Trading at the future counter remained low and the average daily volume declined by 3.9 million shares, or 30.2 percent.
Top 5 scrips at the futures counter, constituting 69 percent of total open interest, were POL, PSO, NBP, Engro and NML.

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