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XACT-OMXS30

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

Analysis and statistics

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

XACT-OMXS30.ST is an Exchange Traded Fund (ETF) that tracks the performance of the OMXS30 index, which is a stock market index consisting of the 30 most actively traded stocks on the Nasdaq Stockholm stock exchange in Sweden. The "ST" at the end of the symbol typically signifies that it is listed on the Stockholm Stock Exchange. Therefore, this ETF provides investors with a way to gain exposure to the largest and most liquid companies in the Swedish stock market.
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Factors

OMXS30 Index Performance: The primary driver is the performance of the OMXS30 index, which the ETF tracks. Rising index values usually increase ETF price.

Supply and Demand: Basic economic principles apply. High demand pushes prices up; increased supply can lower them.

Management Fees and Expenses: The ETF's expense ratio directly impacts its returns. Higher fees reduce overall performance.

Tracking Error: Imperfect tracking of the index can create slight deviations between the ETF and index returns.

Investor Sentiment: Overall market optimism or pessimism towards Swedish equities influences demand for the ETF.

Dividend Payments: Dividends distributed by companies within the OMXS30 are passed on to ETF holders, impacting the price.

Currency Exchange Rates: For foreign investors, the SEK/other currency exchange rate affects the ETF's value.

Interest Rates: Changes in interest rates can impact equity valuations and thus the ETF's price.

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