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MXI

$--
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1d
1w
1m

Analysis and statistics

  • Open
    2.3058$
  • Previous Close
    2.3762$
  • 52 Week Change
    0.89$
  • Day Range
    -0.07$
  • 52 Week High/Low
    1.6045$ - 2.49$
  • Dividend Per Share
    0
  • Market cap
    130 M$
  • EPS
    0.08
  • Beta
    0.29
  • Volume
    --

About

The stock financial product symbol MXI.AU refers to the iShares MSCI Australia Index ETF. This exchange-traded fund (ETF) aims to track the investment results of an index composed of Australian equities. It provides investors with a convenient way to gain exposure to a broad range of Australian stocks in a single investment vehicle, rather than having to purchase individual shares.

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Factors

Global Market Sentiment: Broad market trends and investor confidence in global equities impact MXI.AU, as it's an international exchange-traded fund.

Currency Fluctuations: Changes in the AUD/USD exchange rate affect the fund's value, as it holds international assets priced in USD.

Underlying Index Performance: The performance of the MSCI World ex Australia Index, which MXI.AU tracks, directly influences its price.

Interest Rate Changes: Shifts in interest rates, particularly in the US, can affect investor appetite for equities and impact MXI.AU.

Geopolitical Events: Global political and economic events, such as trade wars or conflicts, can trigger market volatility and affect MXI.AU.

Fund Flows: Investor buying and selling pressure of MXI.AU units impact its supply and demand, thereby influencing the price.

Economic Data Releases: Major economic data releases from the US and other developed economies impact investor sentiment and affect MXI.AU.

Company-Specific News: News and performance of major companies within the MSCI World ex Australia Index influence the index and MXI.AU.

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