Futures open interest up by 24 percent

09 Apr, 2012

Total open interest position at the futures counter during the week increased by Rs 509 million, up 24 percent on week-on-week basis to Rs 2.6 billion. The futures spread, on the other hand, also surged by 70 bps on week-on-week basis to 9.59 percent. The average daily trading volumes at the futures counter increased by 3.1 percent on week-on-week basis to 20.7 million shares.
The top-five scrips at the futures counter holding 67 percent of the total open interest were ENGRO, DGKC, NBP, LUCK and AHCL.

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