Karachi, (PPI Bot): In today's market summary at the Pakistan Stock Exchange, NIT Pakistan's Exchange-Traded Funds (ETFs) for December, January, and November closed with stable prices. The ETFs, coded NITGETF-DEC, NITGETF-JAN, and NITGETF-NOV respectively, showed no fluctuation in the opening and closing prices, as per the closing data of 23 November 2023.
The December ETF, NITGETF-DEC, closed at a price of PKR 13.97, after reaching a high of PKR 13.96 in the trading session. Similarly, the January ETF, NITGETF-JAN, closed at PKR 14.24, touching a high of PKR 14.23. The November ETF, NITGETF-NOV, ended the day at PKR 13.63, with a session high of PKR 13.62. Notably, there were no shares traded for these ETFs on the closing date, indicating a static market for these particular funds.
The consistent closing prices reflect a non-volatile market stance for NIT Pakistan's ETFs on the day in question. The absence of trading activity suggests a cautious approach from investors or a balanced supply-demand scenario for these financial instruments.