Fri. Apr 3rd, 2020

Latin American stock markets close in a month of volatility on Wall Street

Latin American stock markets close in a month of volatility on Wall Street



Latin American stock markets today closed in green and tried to disguise the effects of volatility that also reigned on Wall Street for much of the month amid a turbulent geopolitical and macroeconomic scenario.

The New York parquet ended in positive after the Industrial Dow Jones advanced 0.97% and was located at the end of the session at 25,115.76 integers.

By the same route, the selective S & P 500 rose 1.09% and ended at 2,711.74 points, while the composite index of the Nasdaq market recorded a rise of 2.01% and scored 7,305.90 units.

Despite today's result, investors closed a bitter October given that Wall Street has suffered great volatility and, as a result, poor results.

The commercial tensions between the US still weigh on the market. and China, as well as the forecast of a new rise in interest rates by the US Federal Reserve.

In today's session the New York parquet also took into account the data regarding the US oil reserves, which increased last week by 3.2 million barrels, to 426 million.

In Latin America, it was known that the elected president of Brazil, Jair Bosonaro, decided to create a great Ministry of Economy.

This will assume the responsibilities that are now divided between Finance, Planning and Industry and Foreign Trade, and will unify the offices of Agriculture and Environment.

In addition, the president of the Brazilian branch of Banco Santander, Sergio Rial, considered today that it is "absolutely essential" for the new elected government to propose an agenda that breaks with "all the monopolies that exist in the financial system."

On the other hand, in Chile it was reported that the bank obtained a net profit of about 2,732 million dollars between January and September of this year, 0.3% more than in the same period of 2017.

Thus, the Sao Paulo stock market advanced 0.62% and its Ibovespa index closed at 87,423 whole, after doing business for 18,135 million reais (about 4,869 million dollars).

The Mexican Price and Quotation Index added 0.93% and closed at 43,942.55 units, after operations for 7,302 million Mexican pesos (approximately 359.7 million dollars).

The Buenos Aires Stock Exchange concluded with an increase of 0.22% and stood at 29,491.11 points, after movements for 824.91 million pesos (22.98 million dollars).

The corro de Santiago rose 1.76% in its main index, the IPSA, which closed at 5,104.33 whole, after a sale of 131,314,298,211 Chilean pesos (about 190.31 million dollars).

The Colombian market dropped 0.20% in its capitalization index (Colcap), which ended in 1,392.18 units, with a total of transactions of 407,472 million Colombian pesos (about 127.2 million dollars).

The Peruvian market scored 18,909.40 points after registering a rise of 1.44%, in a session in which 12,375,894 soles (about 3,684,947 dollars) were negotiated.

The parquet floor of Montevideo subtracted 0.36% and stood at 103.44 integers, in a session with a financial volume equivalent to 25,354,544 Uruguayan pesos (about 772,886 dollars).

The evolution of the Latin American stock exchanges was the following:

Market Closing Points

SAO PAULO +0.62% 87,423

MEXICO +0.93% 43,942.55

BUENOS AIRES +0.22% 29,491.11

SANTIAGO +1.76% 5.104,33

COLOMBIA -0.20% 1,392.18

LIMA +1.44% 18.909.40

MONTEVIDEO -0.36% 103.44

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