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Karachi, The NIT Government ETF (NITGETF) reported a closing and daily weighted average rate of Rs. 15.66. With a market lot of 500, the fund achieved a turnover of 109,500. The ETF has consistently declared a 9% distribution for the years 2021 and 2022, with an increase to 9.342% for 2023. NITGETF has indicated a high rate of Rs. 12.8 and a low rate of Rs. 10.4 for the current year, with an iNAV of Rs. 12.09. The fund has been active in the market since its inception in 2020.
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Meeting Focuses on Preparations for Youm-e-Istehsal Commemoration
Islamabad: A meeting was held in Islamabad today with Federal Secretary for Kashmir Affairs and Gilgit-Baltistan Kamran Rehman Khan in the chair, to review preparations for the observance of Youm-e-Istehsal on the 5th of next month. According to Rad...