Futures open interest down 30.5 percent

31 Oct, 2011

The total open interest position at the futures counter declined by Rs 559 million or 31 percent on week-on-week basis to stand at Rs 1.2 billion. The future spreads also reduced by 169bps on week-on-week basis to 8.9 percent. Trading at futures counter improved significantly and the average daily volume increased to 14 million shares, or by 70 percent.
The top 5 scrips at the futures counter, holding 61 percent of total open interest were Engro, Hubco, POL, LUCK and FFC.

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