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NIT Pakistan Gateway ETF Lists at Rs. 12.72

Karachi: The NIT Pakistan Gateway ETF (NITGETF) reported a closing rate of Rs. 12.72, with a fund size amounting to Rs. 47.377 million. The ETF has announced a 9% distribution with an effective yield of 9.342%. With a Rs. 10 par value and a market lot of 500, NITGETF’s high rate for the year was Rs. 12.8 and the low rate Rs. 10.4, amassing a turnover of 109,500 shares. The last book closure was registered on 20/06/2020, and the fund’s NAV is Rs. 12.09.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...