NIT Pakistan Gateway ETF Shows Resilient Performance

Karachi, Trading at Rs. 16.21, the NIT Pakistan Gateway ETF (NITGETF) exhibited resilience in today’s market session. With a focus on diverse asset allocations, the ETF maintained a turnover of 21,500 units and offered a 9.342% yield. Prices varied between Rs. 15.66 and Rs. 14.86 throughout the current year, reflecting stable investor interest. Launched in 2020, NITGETF has an iNAV of Rs. 12.09, underscoring its steady market presence and performance.

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DPM Emphasizes FDI-Led Economic Growth Strategy

Islamabad: Deputy Prime Minister Ishaq Dar has emphasized the government's policy to invite Foreign Direct Investment in Pakistan, which is undertaken to promote economic and commercial activities in the country. He was chairing a meeting of the Cabin...