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NIT Government ETF Reports High Distribution

Karachi, NIT Government ETF (NITGETF), in the market since 2020, reported a distribution of 9.342% for 2023. The ETF’s current rate is Rs 14.34, matching its daily weighted average rate. With a fund size of Rs 54.649 million, it experienced a turnover of 109,500 units. The year’s high and low rates were Rs 12.8 and Rs 10.4, respectively, with an iNAV of Rs 12.09.

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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...