RECORDER REVIEW

KARACHI: The futures spread increased by 345 basis points (bps) to 2.06 points during the outgoing week compared to 1.39 percent a week earlier.

Trading activities on futures counter were dull as average daily volumes decreased by 30 percent to 77.16 million shares as compared to previous week’s average of 110.25 million shares.

Average daily traded value on the futures counter fell26 percent during this week and stood at Rs3.65 billion.