Markets Print edition: 2026-02-09

Futures spread widens 322bps

Published Updated

KARACHI: The Pakistan Stock Exchange’s futures market saw a sharp increase in the cost of carry during the week ended February 6, with the futures spread widening by 322 basis points to 10.26 percent from 7.04 percent, alongside a significant moderation in trading activity.

Figures showed that average daily traded volume (ADTV) in the futures segment declined 59.9 percent week-on-week to 214.02 million shares, compared with 534.36 million shares in the preceding week, reflecting a pullback in participation following exceptionally high activity earlier.

In value terms, average daily traded value in futures dropped 65.7 percent to Rs11.82 billion, down sharply from Rs34.48 billion a week earlier, mirroring the contraction in volumes and indicating reduced leverage and short-term positioning.

Overall, futures market data indicated a clear cooling in activity following prior-week exuberance, alongside a notable rise in carrying costs.

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