Company Performance: NBH.MU's financial health, including revenue, profit margins, and debt levels, greatly impacts investor confidence.

Industry Trends: The overall performance of the materials sector and specific industry segments like construction materials influences NBH.MU's valuation.

Economic Conditions: Broader economic factors such as GDP growth, interest rates, and inflation affect demand for building materials and investor sentiment.

Regulatory Environment: Government regulations related to environmental standards, construction codes, and trade policies can affect NBH.MU's operations and profitability.

Investor Sentiment: General market optimism or pessimism, as well as news and rumors surrounding NBH.MU, can drive short-term price fluctuations.

Competitive Landscape: The actions of competitors, including pricing strategies, mergers, and acquisitions, can impact NBH.MU's market share and profitability.

Global Events: Geopolitical events, natural disasters, and global economic shifts can influence supply chains, demand, and investor risk appetite.

Currency Exchange Rates: Fluctuations in the euro's value against other currencies can affect NBH.MU's international earnings and competitiveness.