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PPAS

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--%
1d
1w
1m

Analysis and statistics

  • Open
    7.901$
  • Previous Close
    7.9071$
  • 52 Week Change
    --
  • Day Range
    -0.01$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

PPAS.XETRA represents shares of PNE AG, a German company operating in the renewable energy sector. PNE AG develops, builds, and operates onshore and offshore wind farms, as well as photovoltaic plants. The company also provides services related to project development, technical and commercial operations management, and grid connection solutions. Investors can purchase and trade shares of PNE AG on the XETRA exchange, participating in the financial performance of a business focused on wind and solar energy projects.
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Factors

Physical Platinum Demand: Increased industrial use, jewelry demand, or investment inflows drive platinum prices up, subsequently increasing PPAS.XETRA's value.

Physical Platinum Supply: Production cuts, mine closures, or geopolitical instability in major platinum-producing regions reduce supply, leading to higher platinum prices and PPAS.XETRA value.

Currency Exchange Rates: PPAS.XETRA is traded in Euros. A weaker Euro versus the US dollar may increase the ETF's price for international investors.

Investor Sentiment: Positive market sentiment towards precious metals generally boosts demand for platinum ETFs like PPAS.XETRA, pushing its price higher.

Interest Rates: Higher interest rates can make holding non-yielding assets like platinum less attractive, potentially lowering demand for PPAS.XETRA.

Economic Growth: Strong economic growth typically fuels industrial demand for platinum, benefiting PPAS.XETRA's price.

Inflation: Platinum is sometimes used as an inflation hedge. Higher inflation can increase demand for PPAS.XETRA, raising its price.

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