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C1MG34

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

Analysis and statistics

  • Open
    11.7694$
  • Previous Close
    11.9805$
  • 52 Week Change
    8.85$
  • Day Range
    -0.21$
  • 52 Week High/Low
    11.31$ - 20.16$
  • Dividend Per Share
    --
  • Market cap
    317 130 M$
  • EPS
    --
  • Beta
    1.049
  • Volume
    --

About

C1MG34.SA represents the Brazilian Depositary Receipt (BDR) traded on the B3 stock exchange (Brasil, Bolsa, Balcão) in Brazil, which corresponds to the common stock of MGM Resorts International (MGM) listed on the New York Stock Exchange (NYSE). A BDR allows Brazilian investors to invest in foreign companies without directly trading on foreign exchanges. The "34" at the end of the ticker symbol denotes that it is a BDR representing common stock. Therefore, by purchasing C1MG34.SA, Brazilian investors are indirectly investing in MGM Resorts International's performance.
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Factors

C1MG34.SA represents Brazilian real estate investment trusts (REITs) listed on the B3 exchange. Its price is affected by various factors: Brazilian Economy: Overall economic health (GDP growth, inflation, interest rates) impacts property values and rental income, influencing REIT performance.

Interest Rates: Rising interest rates increase borrowing costs for REITs and make fixed-income investments more attractive, potentially decreasing REIT valuations.

Inflation: High inflation can erode real returns from rents and increase operating expenses for REITs, affecting profitability.

Real Estate Market: Trends in the Brazilian real estate market, including vacancy rates, rental yields, and property demand, significantly influence REIT asset values.

REIT Performance: The REIT's specific financial performance (occupancy rates, rental income, operating expenses, net operating income) directly affects its stock price.

Investor Sentiment: Market sentiment and investor confidence in the Brazilian real estate market and the REIT sector can drive buying or selling pressure.

Regulatory Changes: Changes in Brazilian real estate regulations, tax laws, or REIT-specific regulations can impact REIT profitability and investor attractiveness.

Global Economic Conditions: Global economic events and international interest rate movements can influence capital flows into and out of Brazil, affecting REIT valuations.

Political Stability: Political instability or uncertainty in Brazil can create market volatility and negatively impact investor confidence in real estate investments.

Specific REIT Strategy: The REIT's investment strategy, portfolio composition (types of properties, geographic diversification), and management quality influence its performance and stock price.

Competitor Performance: Performance of comparable REITs in the Brazilian market can influence investor perceptions and relative valuations of C1MG34.SA.

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