Futures spread down by 390bps

KARACHI: The futures spread declined by 390bps to 4.17 percent on the last day of the outgoing week.

Trading activities on the futures counter remained thin as average daily volumes declined by 19.1 percent to 84.47 million shares as compared to previous week's average of 104.46 million shares.

Average daily trading value on the futures counter declined by 4.2 percent and stood at Rs 4.87 billion during this week.

Copyright Business Recorder, 2020