Friday, 03 September 2010
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NITL to hire market makers
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KARACHI: NITL would appoint market makers to guide its 56000 investors on when to retain and when to redeem their valuable money in various funds of NIT. Tariq Iqbal Khan, Chairman National Investment Trust Limited said this while talking to media in the launching ceremony of NIT Income Fund.
He said that retail investors have comparatively less knowledge about the stock market trends. Therefore, it is necessary to guide them on the strengths and weaknesses of various scrips before NIT decides to invest in such scrips so that its valued customers have every right to decide on their own to retain or redeem their funds in NIT.
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