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Daily updates on the Karachi Stock Market, with news, company dividends and KSE-100 index movements.The rollercoaster of a day trader's dream /nightmare riding the KSE-100 index. More than 860 posts and counting ...

9,686

October 13, 2009

9,686

The National Investment Trust (NIT), the oldest and leading open-end mutual fund in the country, has reported a growth of 43.4 per cent in its net earnings to Rs2,071 million for the quarter ended September 30, 2009. The Trust had earned Rs1,444 million in the same quarter last year….The net income of Rs2,071 million translates into earnings per unit of Rs1.95 against Rs1.52 in the corresponding quarter last year. Likewise, net income of Rs429 million earned by NIT-LOC holders Fund translated into earnings per unit of Rs0.43 against Rs0.20 in the same quarter last year… The News

Market Low : 9,625.23  High : 9,726.76

Market Close : 9,686.40 — 43.84 points up

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