Beating India, China: Pak equity market races ahead
Pakistan’s equity markets continue to beat China and India’s markets by a wide margin
ISLAMABAD:
Unshaken by the rise in US interest rates, Pakistan’s equity markets continue to beat China and India’s markets by a wide margin. In the last twelve months, Global X MSCI MSCI +% Pakistan ETF was up 16 per cent, beating India’s and China’s comparable ETF’s, which were in negative territory for the year, a Forbes recent report said.
Market watch: Index ends positive streak, falls below 43,000
Highlighting the performance of Index/Fund 12-month of Pakistan, India, China and others said that Index/Fund of 12-month Performance Global X MSCI Pakistan (NYSE:PAK) was up 16% while iShares China (NYSE:FXI) was -1.5 per cent while iShares of S&P India 50 (NASDAQ:INDY) was-3.24% and iShares MSCI Emerging Markets (NYSE:EEM) was 1.10 per cent, the Forbes reported.
Pitching Pakistan’s economy to the world
The Forbes further reported that Index/Fund 12-month Performance of Global X MSCI Pakistan (NYSE:PAK) was 20 per cent ,iShares China was 9.80 per cent and iShares S&P India 50 was 12.77 per cent and iShares MSCI Emerging Markets was reported 5.38 per cent.
Published in The Express Tribune, November 30th, 2016.
Unshaken by the rise in US interest rates, Pakistan’s equity markets continue to beat China and India’s markets by a wide margin. In the last twelve months, Global X MSCI MSCI +% Pakistan ETF was up 16 per cent, beating India’s and China’s comparable ETF’s, which were in negative territory for the year, a Forbes recent report said.
Market watch: Index ends positive streak, falls below 43,000
Highlighting the performance of Index/Fund 12-month of Pakistan, India, China and others said that Index/Fund of 12-month Performance Global X MSCI Pakistan (NYSE:PAK) was up 16% while iShares China (NYSE:FXI) was -1.5 per cent while iShares of S&P India 50 (NASDAQ:INDY) was-3.24% and iShares MSCI Emerging Markets (NYSE:EEM) was 1.10 per cent, the Forbes reported.
Pitching Pakistan’s economy to the world
The Forbes further reported that Index/Fund 12-month Performance of Global X MSCI Pakistan (NYSE:PAK) was 20 per cent ,iShares China was 9.80 per cent and iShares S&P India 50 was 12.77 per cent and iShares MSCI Emerging Markets was reported 5.38 per cent.
Published in The Express Tribune, November 30th, 2016.