NIT Pakistan ETF Demonstrates Steady Performance on Pakistan Stock Exchange

Stock Exchange Announcements

Karachi, The NIT Pakistan ETF (NITGETF) showcased a consistent performance in its trading session on the Pakistan Stock Exchange (PSE) on February 21, 2024. The fund opened and closed at PKR 14.86, with the day’s trading not witnessing any fluctuation in price, as both the lowest and highest stock values remained steady at PKR 14.86. A total of 1,500 shares were traded by the close of the session, with the closing price slightly increasing to PKR 15.15.

The future contracts for NIT Pakistan ETF indicated a positive outlook among investors, despite no trades occurring on the day. The April (NITGETF-APR) future contracts were set to close at PKR 15.85, showcasing an expected increase in the fund’s value. Similarly, the February (NITGETF-FEB) and March (NITGETF-MAR) contracts were marked at closing prices of PKR 15.18 and PKR 15.55, respectively, suggesting an optimistic market sentiment for the upcoming months.