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The total open interest position at the futures counter declined by 84.6 percent during the week ended on July 30, 2011 to Rs 620.59 million. On the other hand, futures spreads increased by 570bps to 10.25 percent. Trading at the futures counter improved and the average daily volume increased to 3.7 million shares, or 20.6 percent.
The top 5 scrips at the futures counter, constituting 80 percent of total open interest were Engro, POL, LUCK, FFC and FFBL.

Copyright Business Recorder, 2011

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