RECORDER REVIEW

KARACHI: The futures spread declined by 486bps to 11.13 percent on the last day of outgoing week. Trading activities on the futures counter remained very thin as average daily volumes declined by 66.5 percent to 101.18 million shares as compared to previous week’s average of 302.03 million shares.

Average daily trading value on the futures counter plunged by 53.8 percent during this week to stand at Rs 9.75 billion.