Futures spread declined by 287bps

KARACHI: The futures spread declined by 287bps to 10.30 percent on the last day of outgoing week. Trading activities on the futures counter remained low as average daily volumes decreased by 67.0 percent to 98.04 percent as compared to previous week's average of 111.91 million shares. Average daily trading value on the futures counter declined by 59.8 percent and stood at Rs 5.52 billion during this week.

Copyright Business Recorder, 2021