KSE: open interest surge by Rs 63.7 million

The open interest of the future deals recorded an addition of Rs 63.7 million and remained Rs 398 million in the Karachi Stock Market during the last business week. The open interest of Septembers deliverable futures received a prominent addition of 19 percent. The spread of the futures contracts witnessed a decrease of 34 basis points. The average business volume of future deals reached at 1.55 million shares with a decrease of 24 percent. The contracts of OGDCL, DG Khan Cement, PPL, Angro Chemicals and Lucky Cement remained volume leaders. The share of these companies in open interest is 64 percent.