RECORDER REVIEW

KARACHI: The futures spread declined by 48bps to 5.16 percent on the last day of outgoing week.

Trading activities on the futures counter improved as average daily volumes increased by 15.3 percent to 137.03 million shares as compared to previous week’s average of 118.82 million shares. Average daily trading value on the futures counter stood at Rs 5.25 billion, up 0.4 percent during this week.