KSE: Futures open interest rates bulge

KSE: Futures open interest rates bulge
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Summary Total futures open interest went up by 37.5% during the last week at the Karachi Stock Exchange.

Open interest position during the closing week went up by 37.5% (Rs 291 million) to stand at Rs1.06 billion.However, futures spreads went down to 8.59% by 859 basis points.Volumes increased by a massive 149% to reach at 7.04mn shares. The top-5 scrips at the futures counter constituting 57% of the total open interest were ENGRO, POL, LUCK, FFC and FFBL.

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