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IDX

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

Analysis and statistics

  • Open
    15.9882$
  • Previous Close
    16.2003$
  • 52 Week Change
    --
  • Day Range
    -0.21$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

IDX.US represents the investment product, VanEck Indonesia Index ETF, traded on the U.S. stock exchange. This Exchange Traded Fund (ETF) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Indonesia Index. The index is designed to represent the overall performance of publicly traded companies domiciled in Indonesia or that generate at least 50% of their revenues from Indonesia. As such, the ETF provides investors with a way to gain exposure to the Indonesian equity market, often focusing on sectors like financials, consumer discretionary, and telecommunications services within the Indonesian economy.
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Factors

Underlying Index Performance: The primary driver is the performance of the underlying index tracked by the ETF. If the index rises, the ETF price generally increases, and vice-versa.

Supply and Demand: Market forces of supply and demand for the ETF shares influence its price. Higher demand tends to push the price up, while increased selling pressure can lower it.

Net Asset Value (NAV): The NAV reflects the total value of the ETF's holdings minus liabilities, divided by the number of outstanding shares. The ETF price usually trades close to its NAV.

Premium/Discount: The difference between the ETF's market price and its NAV is called the premium or discount. Arbitrage activities help keep this difference minimal.

Investor Sentiment: Overall market sentiment and investor confidence can impact ETF prices. Positive sentiment often leads to increased buying, driving prices higher.

Economic Conditions: Macroeconomic factors like interest rates, inflation, and GDP growth can influence the valuations of companies within the underlying index, thereby affecting the ETF price.

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