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BRASX

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Analysis and statistics

  • Open
    9.2349$
  • Previous Close
    9.2349$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

BRASX.US represents the iShares MSCI Brazil Small-Cap ETF. This exchange-traded fund (ETF) seeks to track the investment results of the MSCI Brazil Small Cap Index, which is designed to measure the performance of the small-capitalization segment of the Brazilian equity market. It offers investors exposure to a basket of Brazilian small-cap stocks, providing a way to participate in the growth potential of smaller companies operating within the Brazilian economy. The ETF is managed by BlackRock and aims for a high degree of correlation with the underlying index before fees and expenses.
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Factors

Brazilian Stock Market Performance: The overall performance of the Brazilian stock market, particularly the Ibovespa index, strongly influences BRASX.US as it tracks Brazilian equities.

Currency Exchange Rates: Fluctuations in the Brazilian Real (BRL) against the US Dollar (USD) impact the fund's price when translated back to USD.

Commodity Prices: Brazil's economy is heavily reliant on commodity exports; changes in prices of iron ore, soybeans, and oil affect BRASX.US.

Political and Economic Stability: Political events, policy changes, and economic stability in Brazil significantly influence investor sentiment and fund value.

Global Market Conditions: International economic trends, global investor risk appetite, and performance of emerging markets affect BRASX.US.

Interest Rate Changes: Interest rate decisions made by the Central Bank of Brazil influence investor sentiment and potentially impact corporate earnings within the BRASX.US holdings.

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