PAK - Global X MSCI Pakistan ETF

NYSEArca - Nasdaq Real Time Price. Currency in USD
8.71
+0.01 (+0.08%)
As of 12:06PM EST. Market open.
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Previous Close8.70
Open8.72
Bid0.00 x 1200
Ask0.00 x 800
Day's Range8.64 - 8.71
52 Week Range7.90 - 13.77
Volume20,017
Avg. Volume20,801
Net Assets31.1M
NAV7.97
PE Ratio (TTM)N/A
Yield5.69%
YTD Return-31.13%
Beta (3Y Monthly)0.74
Expense Ratio (net)0.87%
Inception Date2015-04-22
Trade prices are not sourced from all markets
  • ETF Trends15 days 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 Trends3 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 Trends3 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 Trends6 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%.