NBP Pakistan Growth ETF Announces Distributions Amidst Positive Performance

Karachi, NBP Pakistan Growth ETF (NBPGETF) closed the day with a rate of Rs. 14.56, which also stands as its daily weighted average rate. The ETF has a market lot size of 500 and a relatively low turnover of 58,000. For the year ending in June, it declared an 8% distribution and a supplementary 4.80%, presenting a favorable return to its investors. During the January to November 2023 span, NBPGETF’s rate fluctuated between a high of Rs. 11.83 and a low of Rs. 8.94, with an iNAV of Rs. 11.34 since its listing in 2020.

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PM and Defence Production Minister Discuss Makkah Joint Defence Agreement

Islamabad: Minister for Defence Production Muhammad Raza Hayat Harraj called on Prime Minister Muhammad Shehbaz Sharif in Islamabad. The meeting focused on discussions of mutual interest between the two leaders. According to Radio Pakistan, the Mini...