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HBL Total Treasury ETF Maintains Solid Performance in 2023

Karachi, The HBL Total Treasury ETF, trading under the symbol HBLTETF, demonstrated a robust performance as of January 3, 2024, with a closing NAV of Rs 111.50 and a daily weighted average NAV of Rs 111.42. The fund, boasting a size of Rs 555.000 million as of June 2023, did not declare any distributions but reported an impressive 14% yield. It experienced a significant turnover of 75,233,000, with a high rate of Rs 11.48 and a low rate of Rs 10.05, indicating a strong market presence since its listing in 2022.

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Pakistan and Kuwait Pledge to Enhance Bilateral Ties

Islamabad: Pakistan and Kuwait have reaffirmed their commitment to strengthen their brotherly relations. Deputy Prime Minister and Foreign Minister Ishaq Dar engaged in talks today with the Foreign Minister of Kuwait, Sheikh Jarrah Jaber al-Ahmad al-S...