NIT – Income Fund Delivers Returns to Investors

Karachi, For June 2022, the NIT – Income Fund presented an offer price of 11.1 and a redemption price of 10.99, with distributions of “Rs 0.55 per unit” and “Rs 0.5746 per unit.”

This fund, operational since 2010, seeks to generate income for its investors through diverse investment strategies, with the recent distributions underscoring its effective income-generating capabilities.

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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

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