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NIT Pakistan Gateway.XD NC (NITGETF) Reports Strong Performance

Karachi: NIT Pakistan Gateway.XD NC (NITGETF) has reported strong performance, with today’s rate at 12.91. The daily weighted average rate for NITGETF is 12.91, and its fund size is 47.377 million. The ETF reported year-ending distributions of 9% in 2022 and 9.342% in 2023. NITGETF has a par value of Rs. 10 and a market lot size of 500. The previous book closure was on 20/06 in 2020. In terms of turnover, the high rate reached Rs. 12.8, while the low rate was 10.4. The total turnover for NITGETF was 109,500. The iNAV (intrinsic net asset value) is 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...