KSE: Rise in open interest future contracts

KSE: Rise in open interest future contracts
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Summary

Open interest rate in the future contracts in Karachi Stock Exchange has increased by 4.9% and stands at Rs 1.7 billion.During the last trading week, an increase of Rs 50.5 million was recorded in the open interest in the future counter. The deliverable future contracts spread increased by 0.8 percent and stands at 2.08 percent. Average future trading volume increased by 38 percent to 20.23 million shares.Volume leaders were MCB, POL, OGDCL, NML and DGKC, these companies have weight-age of 61 percent in the open interest.
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