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SPZ

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

Analysis and statistics

  • Open
    0.8863$
  • Previous Close
    0.8712$
  • 52 Week Change
    0.67$
  • Day Range
    0.02$
  • 52 Week High/Low
    0.47$ - 1.14$
  • Dividend Per Share
    --
  • Market cap
    361 M$
  • EPS
    0.01
  • Beta
    0.678
  • Volume
    --

About

The financial product symbol SPZ.AU refers to the BetaShares S&P/ASX 200 Resources Sector ETF. This exchange-traded fund (ETF) tracks the performance of the S&P/ASX 200 Resources Index, which comprises the largest Australian-listed companies in the resources sector, primarily involved in mining, energy, and related industries. Therefore, SPZ.AU allows investors to gain exposure to a portfolio of Australian resources companies through a single investment.
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Factors

SPZ.AU is an ETF, so factors influencing its price are different from individual stocks. Global Market Sentiment: As SPZ.AU tracks S&P 500, broader global economic outlook and investor confidence drive demand.

US Economic Data: Key US data releases like GDP, inflation, and unemployment directly impact S&P 500 performance, affecting SPZ.AU.

Interest Rate Movements: US Federal Reserve interest rate decisions influence borrowing costs and corporate profitability, impacting the index.

Currency Fluctuations: AUD/USD exchange rate changes affect SPZ.AU's value when converted back to Australian dollars.

Index Rebalancing: Changes to the S&P 500 index constituents can cause temporary price adjustments in SPZ.AU as it aligns its holdings.

ETF Flows: High demand for SPZ.AU increases its price, while outflows put downward pressure.

Geopolitical Events: Major global events and political instability can trigger market volatility and influence investor sentiment towards risk assets.

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