PAK - Global X MSCI Pakistan ETF

NYSEArca - Nasdaq Real Time Price. Currency in USD
7.38
+0.02 (+0.23%)
At close: 3:58PM EDT
Stock chart is not supported by your current browser
Trade prices are not sourced from all markets
Previous Close 7.36
Open 7.36
Bid 7.01 x 800
Ask 7.56 x 1200
Day's Range 7.31 - 7.46
52 Week Range 7.00 - 12.40
Volume 17,826
Avg. Volume 27,598
Net Assets 34.85M
NAV 7.31
PE Ratio (TTM) N/A
Yield 5.67%
YTD Return -8.28%
Beta (3Y Monthly) 0.90
Expense Ratio (net) 0.87%
Inception Date 2015-04-22
  • ETF Trends 3 days ago

    What ETFs Are Thriving and Diving Thus Far in Q2?

    Following a first-quarter rebound for U.S. equities, the absence of a trade deal certainly pumped the brakes on a sustained rally in the second quarter. Certain exchange-traded funds (ETFs) were able to ...

  • ETF Trends 3 days ago

    Pakistan ETF Strengthens on Government Support

    The Pakistan country-specific ETF stood out Wednesday, rallying on reports that government-backed financial institutions will prop up liquidity in the South Asian market. Among the best performing non-leveraged ...

  • Best and Worst ETFs Halfway Through Q2
    Zacks 5 days ago

    Best and Worst ETFs Halfway Through Q2

    Many corners of the market have seen rough trading while a few still stand tall. Below, we have highlighted ETFs from the best and worst zones at the halfway mark in Q2.

  • Appetite for Indian stocks fades amid India-Pakistan tensions, says analyst
    MarketWatch 3 months ago

    Appetite for Indian stocks fades amid India-Pakistan tensions, says analyst

    Flows into India’s stock market and currency are showing some signs of waning investor confidence, according to BNY Mellon chief currency strategist Simon Derrick.

  • ETF Trends 5 months ago

    Pakistan ETF Climbs on Hopes of UAE Support

    The Pakistan country-specific ETF strengthened Monday, with the benchmark KSE 100 Index recording its highest daily gain in two-and-a-half months, on expectations that the United Arab Emirates would increase ...

  • ETF Trends 7 months ago

    Pakistan ETF Surges on Saudi Bailout Package

    Pakistan markets and country-specific ETF surged Wednesday after Saudi Arabia provided a "larger than expected" bailout to stabilize the emerging economy. Pakistan stocks rallied, experiencing its best single-day gain on record, after Saudi Arabia provided a $6 billion bailout to support the country's sever account imbalances, Arab News reports. “Pakistan’s stock market today recorded the highest surge in a single session in its entire history thanks to the Kingdom of Saudi Arabia’s much-needed support of $6 billion,” Mohammed Sohail, CEO of Topline Securities, told Arab News, adding that Saudi’s cash and deferred oil facility is far larger than expectations.

  • ETF Trends 8 months ago

    Pakistan ETF Plunges After New Government Asks for IMF Bailout

    Pakistan markets and country-specific ETF retreated Tuesday after the government said it is requesting a bailout from the International Monetary Fund to rein in a ballooning trade deficit and falling foreign exchange reserves. The Global X MSCI Pakistan ETF (PAK) declined 4.4% Tuesday and plummeted 21.0% year-to-date. The new government under Prime Minister Imran Khan promised millions of new jobs and the creation of an “Islamic welfare state,” but it now needs to raise as much as $12 billion to head off what could be an economic meltdown from its widening trade deficit and diminishing forex reserves, the Wall Street Journal reports.

  • ETF Trends 10 months ago

    Pakistan ETF Surges on Loans to Support Weak Currency

    Pakistan country-specific ETFs have been strengthening in recent weeks on a post-election rally and surged Monday, breaking back above its short-term trend line, on reports that China provided a $2 billion loan to bolster the emerging country's foreign-exchange reserves. The Global X MSCI Pakistan ETF (PAK) rose 6.2% Monday and was trading back above its short-term trend line at the 50-day simple moving average. Further supporting the gains, the U.S. dollar depreciated 5.4% against the Pakistan rupee currency to PKR121.645 Monday, paring a downward trend this year after Pakistan's central bank devalued the rupee four times since December, weakening the currency by over 20%.