Open interest at KSE increases by 96 percent

Open interest on futures trade in the Karachi Stock Exchange has reached at 133 million rupees with an increase of 96 percent. Last week, open interest of deliverable futures of December was increased up to 65.2 million rupees. Spread of futures trade reached to 1.54 percent with an increase of 40 basis points. Average business volume of futures trade remained 1.6 million shares with a decrease of 34 percent. Nishat Mills, OGDC, MCB, POL and PSO remained the volume leader.