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BXX

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1d
1w
1m

Analysis and statistics

  • Open
    0.5872$
  • Previous Close
    0.5775$
  • 52 Week Change
    --
  • Day Range
    0.01$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

BXX.PA represents shares of BNP Paribas Actions France Responsable, an equity fund primarily investing in French companies that demonstrate strong environmental, social, and governance (ESG) practices. This fund aims to provide long-term capital appreciation by selecting companies that are considered leaders in their respective sectors based on their commitment to sustainable development. The fund's performance is benchmarked against an index that reflects the broader French stock market.
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Factors

Underlying Index Performance: The price of BXX.PA directly reflects the performance of the underlying index it tracks, the MSCI Europe Information Technology index. Strong performance in the constituent companies boosts the ETF price.

Supply and Demand: Market forces of supply and demand influence BXX.PA's price. High demand relative to supply drives the price up, while increased selling pressure can lower it.

Exchange Rates: As BXX.PA holds European stocks, currency fluctuations between the Euro and other currencies (e.g., USD, GBP) impact its price. A stronger Euro relative to other currencies can increase the ETF's price for non-Euro investors.

Investor Sentiment: Overall investor sentiment towards European technology stocks affects BXX.PA. Positive sentiment attracts investment, increasing the price, while negative sentiment leads to selling and price decreases.

Expense Ratio & Tracking Error: The expense ratio and any tracking error (deviation from the underlying index's performance) can subtly affect the returns and therefore the price of BXX.PA relative to its benchmark.

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