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XACT-NORDEN

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1d
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Analysis and statistics

  • Open
    247.0289$
  • Previous Close
    248.4688$
  • 52 Week Change
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  • Day Range
    -1.44$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

XACT Norden (ticker: XACT-NORDEN.ST) is an exchange-traded fund (ETF) listed on the Nasdaq Stockholm stock exchange. It aims to replicate the performance of the OMX Nordic 40 index, providing investors with exposure to the 40 largest and most actively traded companies in the Nordic region, including Denmark, Finland, Norway, and Sweden. The fund allows investors to diversify their investments across these Nordic economies through a single security, generally tracking the price movements of the underlying index. It is subject to management fees and trading costs.
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Factors

Nordic Stock Market Performance: The overall performance of stock markets in Denmark, Finland, Norway, and Sweden, as these countries comprise the ETF's underlying index.

Constituent Stock Prices: Price fluctuations of the individual companies within the XACT-NORDEN.ST ETF, directly impacting the ETF's net asset value.

Currency Exchange Rates: Changes in the exchange rates between the Swedish Krona (SEK), the ETF's trading currency, and the currencies of the Nordic countries' stocks, affecting returns.

Investor Sentiment: General investor feelings towards Nordic equities and the broader European market influence demand and supply for the ETF.

Economic Conditions: Macroeconomic factors like GDP growth, inflation, and interest rates in the Nordic region can shift investor outlook and trading activity.

Dividend Payments: Dividend payouts from the underlying companies, while reinvested, may affect the ETF's market price around distribution dates.

Supply and Demand: The balance between buyers and sellers of the ETF itself determines its market price, potentially leading to premiums or discounts to its NAV.

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