Print Print edition: 2011-06-13

Futures open interest up by 82.6 percent

Published Updated

Total open interest position at the futures counter increased by 82.6 percent to Rs 1.75 billion during the week ended on June 10, 2011.
On the other hand, the futures spreads also surged by 120bps on week-on-week basis to 8.28 percent. Trading at futures counter improved and the average daily volume posted a jump of 90 percent to 4.3 million shares.
The top 5 scrips at the futures counter, constituting only 39 percent of total open interest, were Engro, DGKC, POL, MCB and NBP.