Print Print edition: 2011-02-14

Futures open interest down 24 percent

Published Updated

Total open interest position at futures counter declined by 24 percent during the week ended on February 12, 2011 to Rs 1.3 billion. However, futures spreads increased by 565bps to 9.74 percent. Trading at the futures counter remained low and average daily volume declined by 37 percent to 4 million shares.
The top 5 scrips at the futures counter, constituting 58 percent of total open interest, were Engro, MCB, PSO, POL and NBP.