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XBI

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Analysis and statistics

  • Open
    1676.7689$
  • Previous Close
    1676.7689$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
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  • Beta
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  • Volume
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About

XBI.MX represents the iShares Nasdaq Biotechnology UCITS ETF, traded on the Mexican Stock Exchange (BMV). This Exchange Traded Fund (ETF) aims to mirror the performance of the Nasdaq Biotechnology Index, offering investors exposure to a diversified basket of biotechnology companies primarily listed on the Nasdaq stock exchange. As a UCITS ETF, it adheres to European regulatory standards focused on investor protection. Its performance will largely depend on the overall health and growth prospects of the biotechnology sector.
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Factors

Factors influencing the price of XBI.MX include: Biotech Sector Performance: Broad movements in biotechnology stocks drive XBI.MX, reflecting overall investor sentiment towards the sector.

Mergers & Acquisitions: M&A activity within biotech influences XBI.MX as target companies often experience price surges, impacting the ETF's value.

Clinical Trial Results: Positive or negative outcomes from clinical trials of drugs developed by companies within XBI.MX heavily affect individual stock prices, impacting the ETF.

Regulatory Decisions: FDA approvals or rejections of new therapies can significantly move stock prices of affected companies within XBI.MX, and thus the ETF.

Interest Rates: Changes in interest rates can impact investor appetite for riskier assets like biotech stocks, thereby affecting XBI.MX.

Economic Conditions: Overall economic health can influence investor sentiment towards biotech, affecting investment flows into or out of XBI.MX.

Fund Flows: Large inflows or outflows into XBI.MX can create buying or selling pressure, respectively, impacting the ETF's price.

Company Specific News: News specific to constituent companies can drive individual stock price movements, which will impact XBI.MX, especially for those with larger weightings.

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