Karachi, Kohat Cement's stocks exhibited diverse closing prices for different futures contracts at the Pakistan Stock Exchange on May 31.
The company's regular shares, traded under the code KOHC, closed at 214.49 after opening at 213. The day's trading saw the stock hit a low of 211.5 and a high of 214.09, with a total of 25,265 shares traded, ending slightly below its highest point at 211.48.
In contrast, Kohat Cement's futures for June, coded as KOHC-JUN, surged significantly, closing at 230.99 from an opening price of 216.2. The stock, which saw no drop from its opening price, reached the same high and closed with a notable total of 146,500 shares traded, marking a closing price lower than its high at 215.33.
Meanwhile, Kohat Cement's May futures, represented as KOHC-MAY, demonstrated a steadier performance, opening and peaking at 212.9 and 215 respectively. This contract, too, saw 146,500 shares change hands, closing at the opening price of 212.9.
According to information available from the Pakistan Stock Exchange (PSX), the company’s shares in different futures contracts indicated a varying degree of performance, from stable to significantly positive.