Futures spread up 654bps

09 Jan, 2023

KARACHI: The futures spread increased by 654bps to 10.21 percent on the last day of the outgoing week. Trading activities on the futures counter remained thin as average daily volumes declined by 72.2 percent to 40.27 million shares as compared to previous week’s average of 144.70 million shares.

Average daily traded value on the futures counter declined by 63.7 percent to Rs 1.98 billion against previous week’s Rs 5.46 billion.

Copyright Business Recorder, 2023

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