Г‚В
Monday, December 21, the stock markets of Latin America have demonstrated mixed dynamics. The weakening of oil prices while strengthening the dollar against major currencies contributed to the decline of quotations mining sector, which has considerable weight in the Brazilian index. An important macroeconomic statistics or news was not observed.
As a result of trading a key index of Brazil Bovespa has receded on 1,3% to level at 65 925.19 points. The Mexican Bolsa fell by 0,11%, while Chile”s Ipsa rose by 0,56%.
Earlier in the session the Brazilian market grew against the background of statements by the president that the reduction of some taxes in the catalytic rate may be a permanent measure.
The Brazilian oil company Petroleo Brasileiro, the state-controlled, fell by 3,3% against a background of declining prices for “black gold”. At the auctions in New York, crude for delivery in January fell by 89 cents to $ 72.47 per barrel.
Largest sugar producer Cosan SA Industria e Comercio lost 2,8% against the backdrop of the fall in sugar prices in London. The reason for the correction of sugar, in turn, was the message Indian Sugar Mills Association that in the next season in the country will be made sufficient for this product.
The third-largest Brazilian steel maker Cia. Siderurgica Nacional lost 3,3% of market capitalization, after analysts Banif-IXE lowered the rating of its ADRs from “neutral” to “sell”.
The company scope of supply Cia. de Transmissao de Energia Eletrica Paulista, controlled by the Colombian Interconexion Eletrica, advanced by 2,5% due to the fact that analysts Brascan Corretora assigned its shares rated “better than the market.” According to analysts, the company”s revenue will benefit from the auction of power lines.
In the course of a rather sluggish session in Mexico, initiated the decline was the largest cellular company America Movil and retailer Wal-Mart de Mexico. In positive territory were shares of cement maker Cemex and the bank Banorte.
| Index |
Country |
Closing |
Change (items) |
Change (%) |
value at beginning of year (the last closing in 2008) |
Change YTD |
| MerVal |
Argentina |
2,216.40 |
0.95 |
0.04% |
1079.66 |
105.29% |
| Bovespa |
Brazil |
65,925.19 |
-869.02 |
-1.30% |
37550.31 |
75.56% |
| IBC |
Venezuela |
55,046.03 |
562.71 |
1.03% |
34927.66 |
57.60% |
| IGBC |
Colombia |
11,576.06 |
-17.99 |
-0.16% |
7560.68 |
53.11% |
| Bolsa |
Mexico |
31,799.23 |
-34.84 |
-0.11% |
22380.32 |
42.09% |
| IGBVL |
Peru |
13,873.91 |
-118.46 |
-0.85% |
7048.67 |
96.83% |
| IGPA |
Chile |
16,348.56 |
64.79 |
0.40% |
11324.07 44.37% |
| IPSA |
Chile |
3,518.57 |
19.51 |
0.56% |
2376.42 |
48.06% |
Latin America: Brazil, waiting to improve, rally returns
United States: the clouds dissipate, investors are set up on the Christmas weekend
Week on the world stage: New Year”s oil fluctuations
Europe: growth in spite of macroeconomic indicators
Technical analysis for gold index fund SPDR Gold Trust
Asia: cheaper yen encouraged by Japan, China introduced its poison in the honey
United States: in the absence of market news bidders listened to expert advice
Europe: the beginning of the week in green
Asia: depressing news background is not made of the rally
Latin America: mixed dynamics with a neutral background newsletter
Г‚В
Monday, December 21, the stock markets of Latin America have demonstrated mixed dynamics. The weakening of oil prices while strengthening the dollar against major currencies contributed to the decline of quotations mining sector, which has considerable weight in the Brazilian index. An important macroeconomic statistics or news was not observed.
As a result of trading a key index of Brazil Bovespa has receded on 1,3% to level at 65 925.19 points. The Mexican Bolsa fell by 0,11%, while Chile”s Ipsa rose by 0,56%.
Earlier in the session the Brazilian market grew against the background of statements by the president that the reduction of some taxes in the catalytic rate may be a permanent measure.
The Brazilian oil company Petroleo Brasileiro, the state-controlled, fell by 3,3% against a background of declining prices for “black gold”. At the auctions in New York, crude for delivery in January fell by 89 cents to $ 72.47 per barrel.
Largest sugar producer Cosan SA Industria e Comercio lost 2,8% against the backdrop of the fall in sugar prices in London. The reason for the correction of sugar, in turn, was the message Indian Sugar Mills Association that in the next season in the country will be made sufficient for this product.
The third-largest Brazilian steel maker Cia. Siderurgica Nacional lost 3,3% of market capitalization, after analysts Banif-IXE lowered the rating of its ADRs from “neutral” to “sell”.
The company scope of supply Cia. de Transmissao de Energia Eletrica Paulista, controlled by the Colombian Interconexion Eletrica, advanced by 2,5% due to the fact that analysts Brascan Corretora assigned its shares rated “better than the market.” According to analysts, the company”s revenue will benefit from the auction of power lines.
In the course of a rather sluggish session in Mexico, initiated the decline was the largest cellular company America Movil and retailer Wal-Mart de Mexico. In positive territory were shares of cement maker Cemex and the bank Banorte.
Latin America: Brazil, waiting to improve, rally returns
United States: the clouds dissipate, investors are set up on the Christmas weekend
Week on the world stage: New Year”s oil fluctuations
Europe: growth in spite of macroeconomic indicators
Technical analysis for gold index fund SPDR Gold Trust
Asia: cheaper yen encouraged by Japan, China introduced its poison in the honey
United States: in the absence of market news bidders listened to expert advice
Europe: the beginning of the week in green
Asia: depressing news background is not made of the rally