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NIT Government ETF Retains Rate; Distributes 9.342% in 2020

Karachi, The NIT Government ETF (NITGETF) held its daily weighted average rate steady at Rs. 15.31, identical to its previous rate. With a fund size of Rs. 55.500 million, NITGETF saw a turnover of 9,000 units. The fund, with a par value of Rs. 500 and a year-end in June, distributed 9.342% in 2020. In January 2024, NITGETF’s high and low rates were Rs. 15.66 and Rs. 12.09, respectively.

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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...