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N2LY34

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1d
1w
1m

Analysis and statistics

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About

N2LY34.SA represents a Brazilian Depositary Receipt (BDR) that allows investors in Brazil to invest indirectly in shares of Eli Lilly and Company, a global pharmaceutical company headquartered in the United States. BDRs like N2LY34.SA trade on the B3 stock exchange in Brazil and are backed by shares of Eli Lilly held by a custodian institution. The price of N2LY34.SA is influenced by the price of Eli Lilly shares in the US market, exchange rate fluctuations between the Brazilian Real and the US Dollar, and local market conditions in Brazil. Investors receive dividends paid by Eli Lilly proportionally, after accounting for any applicable taxes and fees.
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Factors

Here's the breakdown of factors affecting the price of N2LY34.SA stocks: Brazilian Market Conditions: Overall health of the Brazilian stock market, economic growth, and investor sentiment significantly impact the ETF's price. Global Economic Factors: International events, trade policies, and global economic growth influence investor appetite for emerging markets like Brazil, affecting N2LY34.SA. Commodity Prices: Brazil's economy relies on commodity exports, so fluctuations in prices of key commodities impact investor confidence and N2LY34.SA's value. Political Stability in Brazil: Political uncertainty, policy changes, and elections can create volatility, causing fluctuations in N2LY34.SA's price. Interest Rates in Brazil: Changes in Brazilian interest rates affect investor decisions and investment flows, indirectly influencing the ETF's price. USD/BRL Exchange Rate: Currency fluctuations between the US dollar and Brazilian Real impact returns for foreign investors holding N2LY34.SA.

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