Pakistan Stock Exchange Sees Fluctuation in Kohinoor Spinning Shares

Karachi, The Pakistan Stock Exchange (PSE) witnessed notable activity in the shares of Kohinoor Spinning, with variations in their opening and closing prices alongside the trading volume.

Kohinoor Spinning, listed under the company code KOSM, saw its shares open at PKR 4.75 and close at PKR 4.84, with the stock reaching a low of PKR 4.55 and a high of PKR 4.69 during the trading session. A total of 19,820,000 shares were traded, and the closing price was recorded at PKR 4.68.

In the futures market, Kohinoor Spinning shares with the March expiry (KOSM-MAR) opened and closed at PKR 4.75 and PKR 4.94, respectively. The stock’s low and high for the day were PKR 4.69 and PKR 4.8, with a total of 5,564,000 shares changing hands. The closing price was noted at PKR 4.77.

Similarly, Kohinoor Spinning shares with the May expiry (KOSM-MAY), despite not having any trading activity resulting in opening and closing prices of PKR 0, recorded a stock high of PKR 5. The closing price was adjusted to PKR 4.99, indicating expectations of future value appreciation.