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Wednesday, October 7, stock indexes in Latin America have finished day with mixed dynamics.
indicator of equity market of Brazil Bovespa has decreased by 0,05% to 62 638.28 points. Expectations of improving the profits of the big national companies were overwhelmed weakening of securities of the banking sector in the wake of a record in the history of the country's IPO Chilean local unit Banco Santander. Brazilian real weakened to 0.3% to 1.756 reais per dollar.
Quotations world's largest earner of iron ore Vale became heavier on 2,1%, while the region's largest steel worker Gerdau added 0.6% after analysts Goldman Sachs and Deutsche Bank, respectively, raised their recommendations on shares of companies to count buy on expectations of growth in demand for iron ore and steel.
Papers
steelmaker Usiminas while prices increased by 1,5%. Analysts of Deutsche Bank increased the predictive value of its shares from $ 27 to $ 39.
Quotes telephone company Tim Participacoes, a subsidiary of the Italian company Telecom Italia, jumped 5.5% against the backdrop of rumors about the possibility of its sale, which, however, were later refuted by the representatives of Telecom Italia.
bank Banco Bradesco shares fell 4%, while its rival Itau fell by 3,2%. Representatives of the Banco Santander reported that the creditor in the IPO could bring 14.1 billion reais ($ 8 billion), which is a record amount for Brazil. Paper Banco Santander in the first day of trading after the IPO have lost 2,4%.
Quotes GVT soared 14% after a European telephone company Telefonica offered to buy GVT for 6.5 billion reais ($ 3.7 billion), surpassing the proposal Vivendi, made last month.
Mexican Bolsa by the end of the trading session rose to 0,25% to 29 763.37 8 points. Quotes retailer Wal-Mart de Mexico have become harder to 1,19%. The company on Thursday should report a profit of 3 rd quarter, which, according to experts, could grow by 15%.
papers in the region's largest mobile phone operator America Movil in anticipation of reporting season lost 0,55%, while shares of Bank Inbursa jumped 2.47%.
Values of the basic indexes on closing are resulted in the table:
| Index | Country | Closing | Change (items) | Change (%) | Change YTD |
|---|---|---|---|---|---|
| MerVal | Argentina | 2097,65 | -3,69 | -0,18% | 94,29% |
| Bovespa | Brazil | 62638,28 | -32,31 | -0,05% | 66,81% |
| IBC | Venezuela | 51504,43 | 71,24 | 0,14% | 47,46% |
| IGBC | Colombia | 11353,42 | -23,39 | -0,21 % | 50,16% |
| Bolsa | Mexico | 29763,37 | 72,89 | 0,25% | 32,99 % |
| IGBVL | Peru | 15101,39 | -42,39 | -0,28% | 114,24% |
| IGPA | Chile | 16110,57 | 55,01 | 0,34% | 42,27% |
| IPSA | Chile | 3429,27 | 11,61 | 0,34% | 44,30% |
External background moderately positive for the market of Russia, America closed moderate growth, Asia is trading in positive territory
Russia stock market against the backdrop of American grown-futures open gepom up
Again, before the opening of Russia's market share of a positive external background
At the start of the trading session favorites could be re-action Polyus Gold
Alexey Miller: Russia does not intend to reduce gas supplies to Ukraine
Experts: Ukraine on the eve of raising rates on Government Bonds
Miller: Gazprom is not going to reduce the volume of gas supplies to Ukraine in 2010
Kommersant: Yulia Tymoshenko does not want to meet someone else's standards
Litvitsky: NBU advisable to reduce the discount rate