RECORDER REVIEW

KARACHI: The futures spreads witnessed a downward trend during the week that ended on July 3 and declined by 577 basis points to 10.12 percent compared to 20.10 percent of preceding week.

The week under review saw trading turnover averaging 50.7 percent down on 29.59 million shares as against 59.98 million of last week.

The average value of stocks traded also depleted from Rs 4.223 billion to Rs 2.785 billion, down 34 percent Week-on-Week.