Futures spread plunges 987bps

KARACHI: The weekly futures spread at the Pakistan Stock Exchange (PSX) plunged by 987 basis points to negative 4.09 percent during the week ended October 16, 2026, compared with positive 5.79 percent in the preceding week.

Average daily futures turnover increased by 8.6 percent to 123.24 million shares from 113.48 million shares, while average daily trade value surged 39.4 percent to Rs. 8.91 billion, from Rs. 6.39 billion, previously.

The futures market therefore recorded higher average daily share turnover and trade value despite the sharp reversal in the spread.

Copyright Business Recorder, 2026