Kohat Cement to Finalize Futures Contract in Early June

Karachi, Kohat Cement Co. Ltd. is approaching the settlement date for its May deliverable futures contract, with the symbol KOHC-MAY. The contract, which started on February 26, 2024, will terminate on May 31, 2024, with the settlement due on June 4, 2024.

According to information available from the Pakistan Stock Exchange (PSX), Kohat Cement engages in futures trading to mitigate market risks and establish a fixed price for its stock, aiding in financial forecasting and stability.