Karachi: open interest of deals down by 34pc

At the end of the business week, the open interest rate of the future interests declined by 34 percent in the Karachi Stock Exchange, Dunya News reported on Sunday. Open interest of the future counter decreased by 400.70 million rupees to reach 760.70 million rupees. The future spreads reduced by 0.1 percent. Despite increased trade in the ready market, the volume of futures decreased by 34 percent to reach 3.5 million shares. Deals of MCB, ENGRO, OGDC, NBP and PSO remained prominent. Their share was 66 percent in the open interest.