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ICLN

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Analysis and statistics

  • Open
    265.6648$
  • Previous Close
    265.6648$
  • 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
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  • Beta
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  • Volume
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About

ICLN.MX is the iShares Global Clean Energy UCITS ETF listed on the Mexican Stock Exchange (Bolsa Mexicana de Valores). It seeks to track the investment results of an index composed of global equities in the clean energy sector. This ETF allows investors to gain exposure to companies involved in renewable energy production, technology, and equipment around the world through a single investment vehicle traded in Mexican pesos.
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Factors

ICLN.MX ETF Price Factors: Renewable Energy Sector Performance: The overall health and performance of companies in the renewable energy sector directly impacts ICLN.MX. Positive earnings reports or technological advancements can drive prices up.

Interest Rate Changes: Rising interest rates can make renewable energy projects less attractive due to higher financing costs, potentially lowering ICLN.MX's price.

Government Policies & Regulations: Subsidies, tax incentives, and regulations supporting renewable energy significantly influence ICLN.MX's performance. Supportive policies boost investor confidence.

Global Energy Prices: Fluctuations in the prices of traditional energy sources like oil and gas can affect the competitiveness and attractiveness of renewable energy alternatives, impacting ICLN.MX.

Technological Innovation: Breakthroughs in renewable energy technologies (solar, wind, etc.) can improve efficiency and reduce costs, increasing the value of companies held by ICLN.MX.

Economic Growth: Strong economic growth often leads to increased energy demand, which can benefit renewable energy companies and positively affect ICLN.MX.

Investor Sentiment: General investor confidence and risk appetite towards clean energy investments influences demand for ICLN.MX, affecting its price.

Currency Exchange Rates: Since ICLN.MX may hold international companies, changes in exchange rates between the Mexican Peso and other currencies can affect the ETF's value.

Supply Chain Issues: Disruptions in the supply chain for renewable energy components (e.g., solar panels, wind turbines) can increase costs and negatively impact companies within ICLN.MX.

Environmental Awareness: Growing public awareness and concern about climate change can drive demand for renewable energy investments like ICLN.MX.

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