Futures spread down 501bps

17 Oct, 2022

KARACHI: The futures spread declined by 501bps to 14.12 percent on the last day of the outgoing week.

Trading activities on the futures counter remained low as average daily volumes declined by 51.0 percent to 83.62 million shares as compared to previous week’s average of 170.78 million shares.

Average daily traded value on the futures counter declined by 23.4 percent to Rs 4.92 billion during this week against previous week’s average of Rs 6.43 billion.

Copyright Business Recorder, 2022

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