RECORDER REVIEW

KARACHI: The futures spread increased by 529bps to 12.40 percent on the last day of the trading session Thursday (May 21). Trading activity on the futures counter remained low as average daily volumes decreased by 5.5 percent to 40.76 million shares as compared to previous week’s average of 43.14 million shares. Average daily trading value increased by 4.1 percent to Rs 1.96 billion during this week.