RECORDER REVIEW

KARACHI: Trading in the futures counter of the Pakistan Stock Exchange witnessed heightened activity during the outgoing week, as investor participation extended beyond the ready board.

The average daily trading turnover in futures contracts rose 36.5 percent week-on-week to 134.8 million shares, compared with 98.8 million shares in the previous week. In value terms, futures trading averaged Rs9.52 billion per day, up 4.6 percent from Rs9.10 billion earlier. However, the futures spread narrowed by 202 basis points, settling at 15.39 percent as compare to 17.41 percent last week, indicating stronger rollovers and robust hedging activity across key scrips.

Analysts note that the compression in spreads signals increased competition and a cautious approach to leveraged trades.