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Home / chile / Santiago Stock closes the 2018 financial year, with a drop of 8.3%: its worst 5 year record | economy

Santiago Stock closes the 2018 financial year, with a drop of 8.3%: its worst 5 year record | economy



The main indicator that closed the Santiago Boli Stock Exchange on Friday, the IPSA, increased by 0.69% to 5,105 points, and a year-on-year drop of 8.3%. It's the worst record of five years.

The Izaka Price Selection Index (IPSA), an indicator that includes 40 trade-exchanges in the market, did not meet the expectations of the market, and initially planned with Sebastián Piñera the right assump- tion. Local stock market indicators would have more than 6,000 units.

However, with a negative fall of 8.3% in 2018, the worst record from the year 2013 began to record, when IPSA decreased by 14%.

"The changes were very positive expectations, which has not been so much," explains Biouro Radio Arturo Alegría, Director of Visio Consultant.

The Chilean economy is closing to 2018, with an expansion of around 4%, based on the recovery of mining activity, internal demand and investment growth, especially in the first half of the year.

However, in the second half of the year, Chile (as emerging markets are emerging) has been the result of the global uncertainty generated by the war between China and the United States.

In a session that is more common than on Friday, from Monday 31st, it is a Chilean bank holiday. Most shareholders are FB (5.86%), Google (5.51%) and IYF (5.33%). %). The largest losses, on the other hand, were EWP (12.59%), CGE (4.67%) and SBUX (4.32%), and the total number of transactions was 118.5 million euros. dollar


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