Karachi, Kohinoor Spinning Mills Ltd has entered the futures market with contracts running from April 1, 2024, to June 28, 2024, and a settlement planned for July 2, 2024. These contracts, identified by the symbol KOSM-JUN, are traded on the Pakistan Stock Exchange.

The company’s engagement in futures is aimed at securing price stability and financial predictability in the textile sector. According to information available from the Pakistan Stock Exchange (PSX), this financial tool is crucial for Kohinoor’s strategic planning.