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Karachi, NBP Pakistan Growth ETF (NBPGETF) closed the day with a rate of Rs. 14.56, which also stands as its daily weighted average rate. The ETF has a market lot size of 500 and a relatively low turnover of 58,000. For the year ending in June, it dec...

Karachi, The UBL Pakistan Enterprise ETF (UBLPETF) has reported a steady closing rate of Rs. 15.23, in line with its daily weighted average rate. The fund, which has a market lot of 500, saw a modest turnover of 31,000. UBLPETF declared distributions ...

Karachi, The NIT Government ETF (NITGETF) reported a closing and daily weighted average rate of Rs. 15.66. With a market lot of 500, the fund achieved a turnover of 109,500. The ETF has consistently declared a 9% distribution for the years 2021 and 20...

Karachi, The auto sector in Pakistan is expecting a continued decline in sales for November 2023, following a decreasing trend since July 2022. The three listed Original Equipment Manufacturers (OEMs) are projected to report a significant year-over-yea...

The post Auto Sector in Pakistan Anticipates Continued Sales Decline in November 2023 appeared first on Pakistan Business News.

Karachi, Mian Zahid Hussain, Chairman of the National Business Group Pakistan, emphasized the need for economic expansion and tax system reforms to meet Pakistan's export targets. He expressed concerns that the continued increase in electricity and gas...

The post National Business Group Chairman Warns Against Impact of Rising Energy Costs on Pakistan’s Export Goals appeared first on Pakistan Business News.

Islamabad, The Asian Development Bank (ADB) has approved funding of USD 659 million for three key development projects in the provinces of Sindh and Khyber Pakhtunkhwa (KP). The projects aim to promote inclusive and sustainable growth in Pakistan, as r...

The post ADB Approves USD 659 Million for Development Projects in Sindh and KP appeared first on Pakistan Business News.

Karachi, Pak Elektron Limited (PAEL) recently conducted a corporate briefing session, outlining its current market position, financial strategies, and future plans. The session provided insights into the company's operations amidst economic challenges ...

The post Pak Elektron (PAEL) Outlines Corporate Strategies and Market Position in Analyst Briefing appeared first on Pakistan Business News.