Open interest of future deals shrinks to Rs 120.10 million

Open interest of future deals shrinks to Rs 120.10 million
Updated on

Summary

The open interest of future deals shrank to Rs 120.10 million in the Karachi Stock Exchange during the last business week, Dunya News Sunday reported. Last week, spread of deliverable futures for November decreased by 1.5 percent while spread of future deals shrank to -1.5 percent with a decrease of eight percent. The average business volume of future deals closed on 1.9 million shares with a decrease of two percent. OGDC, Pakistan Petroleum Limited, Pakistan Oil Filters, AICL and Angro remained prominent as per the business volume. The collective share of these companies in open interest remained 60 percent.