UBL Pakistan Enterprise ETF Shows Steady Growth on Pakistan Stock Exchange

Karachi: UBL Pakistan Enterprise ETF (UBLPETF) showed steady growth on the Pakistan Stock Exchange (PSE) on Nov 01, 2023. The ETF’s rate was recorded at 11.85, with no daily weighted average rate reported. The fund size stood at 28.784 million. The ETF has a par value of Rs. 10, a market lot of 500, and a previous book closure on July 06, 2020. In terms of distributions, the ETF reported rates of 7.20% (I) in 2020, 9% in 2021, and 14% in 2022, with no distributions reported for 2023. The high rate for Jan-Oct 2023 was 12.04, with a low rate of 10.26, and a turnover of 29,500.