KARACHI: Trading activity in the futures segment of the Pakistan Stock Exchange (PSX) declined markedly during the outgoing week, reflecting cautious investor sentiment and a reduction in leveraged positions amid ongoing geopolitical uncertainty and evolving interest-rate expectations.
Average daily traded volume (ADTO) in the futures market fell 25.4 percent week-on-week to 200.03 million shares, compared to 268.07 million shares in the preceding week. In value terms, futures turnover declined 17.1 percent to Rs 15.27 billion, down from Rs 18.42 billion previously.
The futures spread narrowed sharply to 8.03 percent, compared to 13.32 percent last week, marking a contraction of 529 basis points.
The compression in spreads indicates a notable easing of speculative positions and reduced arbitrage opportunities, suggesting that investors largely refrained from aggressive forward positioning despite the late-week rebound in the benchmark index.
Copyright Business Recorder, 2026
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