Markets Print edition: 2025-10-06

Futures spread widens 123 bps

Published October 6, 2025 Updated October 6, 2025 05:55am

KARACHI: According to the weekly trading summary, the PSX futures spread widened by 123 basis points to 9.64 percent, compared with 8.41 percent recorded in the previous week, reflecting slightly higher carry costs on leveraged positions.

Despite the broader market’s bullish trend, investor participation in the futures segment fell sharply. The average daily turnover (ADTO) in futures saw a marked decline of 47.2 percent to 275.12 million shares, against 521.38 million shares a week earlier.

Similarly, the average daily traded value dropped 53.9 percent, decreasing to Rs14.65 billion from Rs31.82 billion in the preceding week.

Market analysts noted that the decline in futures activity indicated a shift toward cautious trading, with investors preferring to book profits in derivatives and concentrate on the ready market.

Copyright Business Recorder, 2025