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NITL foresees promising finish to 2024

National Investment Trust (NITL) is optimistic about positive returns in the second half of the year, owing to impressive performance of firms in which it has interest.

Speaking during a stakeholders engagement, NITL’s Head of Investment Planning, Paul Mojo, disclosed that apart from an increase in profits from K6.99 billion in 2023 to K21.5 billion, the first half of 2024 has been slow but positive.

He added that many of the firms listed on the stock exchange have performed well in both 2023 and the first six months of 2024.

NITL is an investment vehicle that offers ordinary investors an opportunity to participate in a wider range of investments than those typically accessible to individual investors.

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