Underlying Asset Performance: The price of the ETF directly reflects the performance of the underlying index or basket of assets it tracks. If the index constituents increase in value, the ETF's price will likely rise, and vice versa.

Supply and Demand: Basic economics dictates that higher demand relative to supply drives up the price, while increased supply versus demand lowers it. Trading activity in KSM-F140.TA affects its market price.

Expense Ratio: The ETF's annual operating expense ratio, charged to cover management and operational costs, indirectly influences its price by reducing the fund's net asset value (NAV) over time.

Market Sentiment: Overall investor mood, risk appetite, and broader market trends can significantly impact the ETF's price, particularly if it tracks a specific sector or investment theme.

Currency Fluctuations: For ETFs holding assets denominated in a foreign currency, exchange rate movements between the local currency and the foreign currency impact the ETF's price.

Economic Indicators: Changes in key economic indicators like interest rates, inflation, and GDP growth can influence investor expectations and thus affect the value of assets held by the ETF.

Political and Geopolitical Events: Major political events, policy changes, and geopolitical tensions can trigger market volatility and affect investor sentiment, impacting the ETF's price.

Trading Volume and Liquidity: Higher trading volume and liquidity generally lead to tighter bid-ask spreads and more efficient price discovery, potentially attracting more investors and stabilizing the ETF's price.