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EWC

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1d
1w
1m

Analysis and statistics

  • Open
    996.5399$
  • Previous Close
    990.9597$
  • 52 Week Change
    --
  • Day Range
    5.58$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

EWC.MX represents the iShares MSCI Canada ETF, traded on the Mexican Stock Exchange (Bolsa Mexicana de Valores). This Exchange Traded Fund (ETF) aims to track the investment results of an index composed of Canadian equities. It offers Mexican investors access to a diversified portfolio of Canadian stocks across various sectors, allowing them to participate in the Canadian market's performance without directly purchasing individual Canadian shares. As an ETF, EWC.MX provides liquidity and transparency, with its price fluctuating throughout the trading day based on market supply and demand and the underlying value of its Canadian holdings.
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Factors

Canadian Dollar (CAD) Strength/Weakness: A stronger CAD versus the Mexican Peso (MXN) directly lowers the MXN value of the CAD-denominated EWC ETF, conversely, a weaker CAD increases the price.

Canadian Equity Market Performance: The underlying companies within the EWC ETF are primarily Canadian. Performance of the S&P/TSX Composite Index impacts the ETF's price.

Commodity Prices: Canada's economy is resource-driven. Fluctuations in prices of oil, natural gas, and minerals affect the value of Canadian companies held within the ETF.

Interest Rate Differentials: Changes in interest rate policies between Canada and Mexico influence currency valuations which then impact the ETF's relative price in MXN.

Global Economic Conditions: Overall global economic health and investor risk appetite impact investments in Canada and thus the demand for the EWC ETF.

Political and Economic Stability in Canada: Stability in Canadian governance and economic policy increases investor confidence and demand for the ETF, raising its price.

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