RECORDER REVIEW

KARACHI: The Pakistan Stock Exchange (PSX) futures market recorded a sharp improvement over the weekend, as trading activity and investor participation strengthened significantly compared to the previous week. Both volumes and traded value surged, while the futures spread narrowed notably, signalling improved market efficiency and price alignment.

Average daily traded volume in the futures segment jumped to 694.14 million shares, up from 205.66 million shares last weekend, reflecting a robust week-on-week increase of 237.5 percent. Similarly, average daily traded value rose sharply to Rs40.80 billion from Rs12.40 billion, posting a gain of 229.1 percent and underscoring heightened market engagement.

At the same time, the futures spread contracted substantially to 8.01 percent, down from 14.15 percent in the previous weekend a decline of 614 basis points. The narrowing spread indicates closer convergence between spot and futures prices, suggesting improved price discovery and growing confidence among market participants.

Overall, the strong rebound in futures market activity highlights renewed investor interest and a more efficient trading environment at the PSX during the latest weekend.