KSE: open interest lowers, at Rs 661 million

The open interest of the future deals remained Rs 661 million in the Karachi Stock Market during the last business week. The open interest of Octobers deliverable futures received a decrease of 3 percent. The spread of the futures contracts witnessed a decrease of 4.20 percent. The average business volume of future deals remained at 1.9 million shares with slight decrease. The contracts of OGDCL, PPL, Pakistan Oil Fields, MCB Bank and PSO remained volume leaders. The share of these companies in open interest remained 28 percent.