Latin America: Reporting America Movil and the expectations of reducing the key rate Brazil as the positive factors

 

On Wednesday, 22 July, the stock indices in Latin America after the United States concluded the day with divergent results.

indicator of stock market of Brazil Bovespa has decreased by 0,3% to the value 53 072.57 points. The Brazilian real gained 0.1% up to 1,906 reais per dollar.

Quotations

cable TV provider Net Servicos de Comunicacao fell by 4.6% to 19.65 reais on the value of a statement on reducing the number of new customers in the second quarter compared to the same period last year at 22%, which also turned out at 2 , 3% less than expected by analysts value.

Shares

brewing company AmBev, a Brazilian unit of Anheuser-Busch InBev, rolled to 3.3% after the country's antitrust authority fined a company for a total amount of 353 million reais ($ 186 million) for unfair competition.

Quotations

retailers and developers, however, helped mitigate the overall loss of market expectations for lowering key interest rate countries. Thus, paper construction company Cyrela Brazil Realty gaining 2.7%, while the retailer Lojas Renner had grown up to 0,4%.

Central Bank of Brazil after the closure of the main tender announced lowering of interest rates from 9.25% to 8.75%.

The Mexican Bolsa

by the end of trading session, rose 1.09% to 26 288.21 points. The papers in the region's largest mobile phone operator America Movil added 4.42% to 28.81 pesos. Profit company in the second quarter increased by 27%, while the rate of growth in the number of new customers has slowed as a result of a global recession.

  Quotations

mining Grupo Mexico fell by 2.88% to 15.49 pesos. Earnings in the second quarter the company collapsed by 47% as a result of weakening the value of copper, as well as reduce the demand for products, which, however, proved better than average expectations of analysts.

Stock markets

Chile completed auctions below former level. Chilean IPSA, which is dominated by shares of trading companies on weakened 0.64% and dropped up to 3 224.67 points, while the IGPA, reflecting the general dynamics of the market, dropped in price on 0,49% to 15 298.58 points.

Papers fertilizer manufacturer Soquimich become easier to 0.47%. Quotations retailer Falabella decreased by 0.62%, while mining company Cap rolled to 0.45%.

the main index at the closing are shown in the table:

Index Country Closing Change (items) Change (%) Change from the beginning of the year
MerVal Argentina 1642,51 -10,19 -0,62% 52,13%
Bovespa Brazil 53072,57 -161 -0,30% 41,34%
IBC Venezuela 45752,25 51,76 0,11% 30,99%
IGBC Colombia 10014,01 44,24 0,44% 32,45%
Bolsa Mexico 26288,21 284,19 1,09% 17,46%
IGBVL Peru 13339,94 11,56 0,09% 89,25%
IGPA Chile 15298,58 -74,71 — 0,49% 35,10%
IPSA Chile 3224,67 -20,68 -0,64% 35 , 69%


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