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102960

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Analysis and statistics

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About

102960.KO is the financial product symbol for the KODEX Samsung Group ETF, which is an Exchange Traded Fund (ETF) listed on the Korea Exchange (KRX). This ETF tracks the performance of a basket of stocks representing companies affiliated with the Samsung Group, providing investors with exposure to the conglomerate's overall performance and diversified holdings. It's a popular choice for investors looking to invest in the South Korean market and gain exposure to the Samsung brand.
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Factors

Underlying Asset Performance: The price of 102960.KO, an ETF, directly reflects the price movements of its underlying assets, specifically KOSPI 200 index components.

Supply and Demand: Market forces of supply and demand for the ETF shares themselves influence its price, irrespective of the underlying asset values. High demand pushes prices up; excess supply lowers them.

Index Rebalancing: Changes to the KOSPI 200 index composition force the ETF to rebalance its holdings, potentially affecting its price.

Expense Ratio: The ETF's annual expense ratio, while small, impacts returns and indirectly influences the price by lowering overall performance.

Market Sentiment: General investor optimism or pessimism towards the Korean stock market can drive overall buying or selling pressure on the ETF.

Currency Fluctuations: Exchange rate variations between Korean Won and other currencies impact returns for foreign investors, thereby affecting ETF demand and price.

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