RECORDER REVIEW

KARACHI: The futures spread declined by 242bps to 3.30 percent on the last day of outgoing week. Trading activities on the futures counter remained low as average daily volumes declined by 16.6 percent to 91.10 million shares as compared to previous week’s average of 109.28 million shares. Average daily trading value on the futures counter fell by 8.8 percent and stood at Rs 4.08 billion during this week.