Print Print edition: 2012-03-12

Futures open interest up by 4.8 percent

Published Updated

The total market open interest position at the futures counter during the week increased by Rs 111 million, up 4.8 percent on week-on-week basis to stand at Rs 2.42 billion. The futures spreads, on the other hand, declined by 21bps on week-on-week basis to 7.45 percent owing to rise in regular market. Trading activities at the future counter improved as the average daily volumes increased by 15.70 percent on week-on-week basis to 14.7 million shares. The top-five scrips at the futures counter holding 65 percent of the total open interest were ENGRO, NBP, FFC, DGKC and POL.