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18MK

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    877.5868$
  • Previous Close
    874.1385$
  • 52 Week Change
    --
  • Day Range
    3.45$
  • 52 Week High/Low
    --
  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

18MK.F represents the shares of LVMH Moet Hennessy Louis Vuitton SE, traded on the Frankfurt Stock Exchange (FSE). LVMH is a French multinational corporation specializing in luxury goods, encompassing a diverse portfolio of brands across fashion, leather goods, perfumes, cosmetics, wines, and spirits. Investing in 18MK.F allows investors to gain exposure to the performance of this leading luxury conglomerate and its global operations within the European market. The stock's price fluctuations are influenced by factors such as consumer spending patterns, global economic conditions, and brand performance within the luxury sector.
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Factors

Underlying Asset Performance: 18MK.F mirrors the performance of its underlying index. Price fluctuations in the constituent stocks directly affect the ETF's price.

Supply and Demand: Higher demand relative to supply drives the price up, while increased selling pressure pushes it down.

Net Asset Value (NAV): NAV represents the per-share value of the ETF's holdings. Deviations between the market price and NAV create arbitrage opportunities.

Expense Ratio: The ETF's operating costs reduce its returns, indirectly impacting its price over time.

Market Sentiment: Broad market optimism or pessimism influences investor buying and selling decisions, affecting ETF prices.

Currency Fluctuations: If the underlying assets are denominated in a foreign currency, exchange rate changes impact the ETF's price.

Economic Factors: Interest rates, inflation, and economic growth influence the performance of companies within the index, consequently affecting the ETF price.

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