JS Global Banking Sector ETF Records Significant Activity

Karachi, The JS Global Banking Sector ETF (JSGBETF) experienced a notable increase in trading volume on the Pakistan Stock Exchange, closing at Rs. 14.47. The ETF, which focuses on the banking sector, reported a substantial turnover of 5,098,500 units and a daily weighted average rate of Rs. 88.440. Despite a distribution rate not applicable, the ETF maintained a steady yield with an annual distribution percentage of 11.084%. Launched in 2023, JSGBETF has seen its share price fluctuate between Rs. 14.98 and Rs. 13.58 over the past year, with an iNAV of Rs. 10.71.