NIT Pakistan Gateway ETF Showcases Growth

Karachi, The NIT Pakistan Gateway ETF (NITGETF) registered a daily weighted average rate of 15.98 and a fund size of Rs. 60.948 million. Active since 2020, NITGETF recorded a high of 16.21 and a low of 14.86 in Q1 2024, with a turnover of 64,500. This ETF, which has a market lot of 500 and an annual distribution of 9.342%, is evidencing consistent interest and participation in the equity market.

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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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