Santiago Stock Exchange saves regional decline thanks to advances in SQM and Cencosud



[ad_1]

During the day highlighted the high trading values โ€‹โ€‹of the holding company that controls Jumbo, along with those of Banco Santander.

Although Wall Street and most markets in Latin America closed the day in the red, the advances of two of the national reference index heavyweights managed to keep it until the close.

At the end of the operations of the Santiago Stock Exchange, S & P / CLX's IPSA stood at 5,275.43 points, which represents an increase of 0.27%.

The main engines of the selective were the advances of the SQM-B and Banco Santander.

Non-metallic mining rose 3.08% to $ 25,600 During the day, the paper did not record particularly high traded values โ€‹โ€‹- operated at around $ 6 billion in this function – and no individual transaction between the especially voluminous transactions

According to local market agents, investors were thrown on paper by a combination of a good outlook on board coexistence with Tianqi, and taking positions, given the losses suffered by the stock.

Until yesterday, the title accumulated a loss of more than 5% in April and 9% since the end of 2018, reached by doubts about the future of the lithium price.

Most traded

Cencosud stood out among the major advances, up 1.33%, which left the paper at $ 1,395.9 at the end of the session, but also due to high transaction volumes. This given that during the day $ 24,271 million in these actions were operated.

Although there were few transactions of more than US $ 1 billion, more than half of the transactions corresponded to cross-transactions and transactions with an outside operator, which, according to brokers, points to the activity of institutional investors.

The same happened with securities issued by Banco Santander, which also among the most popular, with operations of $ 19,847 million.

In this case, the price did not change much, reaching $ 49.14 after a fall of 0.25% compared to yesterday's closing, but also about half of the transactions were crossings and activity of external operators.

[ad_2]

Source link