Futures spread surges 631bps

20 Mar, 2023

KARACHI: The futures spread increased by 631bps to 17.61 percent on the last day of the outgoing week. Trading activities on the futures counter remained low as average daily volumes decreased by 3.3 percent during this week to 50.63 million shares as compared to previous week’s average of 52.35 million shares.

Average daily traded value on the futures counter declined by 12.4 percent during this week to Rs 2.23 billion against previous week’s Rs 2.54 billion.

Copyright Business Recorder, 2023

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