Updated on
Summary
At the end of business week, the open interest rates of future counter of Karachi Stock Exchange has risen to Rs. 1 billion after an increase of Rs. 6.6 million, Dunya News reported on Sunday. The rise in the future counter was 7% while the spread of the future counter shrinked by 85 basis points to reach 8.07%. Inspite of increased business activities in ready market the volume of futures reduced by 32% to reach 4.8 million shares. Shares of PSO, POL, MCB, NBP, ENGRO and Nishat Mills remained prominent while their combined share in the open interest remained 73%.
