Futures spread up 117bps

20 May, 2024

KARACHI: The futures spread increased by 117bps to 22.16 percent on the last day of the outgoing week. Trading activities on the futures counter remained low as average daily volumes decreased by 19.7 percent to 130.79 million shares during this week as compared to previous week’s average of 162.93 million shares.

Average daily traded value on the futures counter declined by 25.2 percent to Rs 5.66 billion during this week against previous week’s Rs 7.56 billion.

Copyright Business Recorder, 2024

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