Â
Tuesday, October 20, the majority of stock markets in the region has demonstrated negative dynamics on the background of adverse macroeconomic statistics from the United States. Thus, the index of producer prices in September fell by 0.6%, while the expected value of the index unchanged, and the number began construction of houses for the period declined from 0.598 million to 0.590 million units with a projected increase to 0,610 million shares.
The Brazilian Bovespa index was in the fall of leaders in connection with the introduction of tax on investments in stocks and bonds by foreign investors. The Mexican Bolsa, on the contrary, has grown up on 0,24% after the government approved the introduction of taxes, which can reduce the dependence of the national budget from the revenues generated by oil sales.
Brazilian real weakened to 2.1% to 1.7547 per dollar, and the Mexican peso strengthened against the U.S. currency by more than 1% to 12.80 pesos per dollar.
As a result of trades Argentine MerVal fell by 0,35%, the Peruvian IGBVL lost 1,18%, and the Colombian IGBC fell to 0,89%. Chilean blue-chip IPSA index weakened to 0.33% and IGPA closed at 0.32% below the previous value. No support for the overall negative dynamics of only the stock markets of Venezuela and Mexico.
Shares of the Brazilian Stock Exchange BM FBovespa fallen by 8,4%. According to analysts Itau Unibanco Holding, the company is more affected by the imposition of tax on foreign investment in the decrease in the volume of transactions.
Paper commodity companies retreated amid falling prices for oil and base metals. For example, quotes the state oilman Petrobras fell by 2,3%, and Vale's market capitalization decreased by 2,2%.
Shares in Brazil's largest operator of toll roads Cia. de Concessoes Rodoviarias lost 5,6% of the cost. Last week the company announced the planned sale of 33.3 million newly issued shares. A tax may adversely affect the volume of IPO, as, according to expert estimates the stock exchange in Sao Paulo, more than half of securities of Brazilian companies bought by foreign investors.
Market capitalization in Latin America's largest cellular operator America Movil fell by 0,83% after the Mexican Government approved the introduction of a 3% tax on incomes of representatives of the telecommunications industry.
Yushchenko suspended the government's decision to convert frequencies for 3G MPs increased social standards …
Experts: Moratorium on the increase in drug prices would lead to their deficiency
Litvin: The State budget-2010 should take into account new indicators sotsstandartov
USA: short music played
Good morning! Information Group Finam.ru and Investment Company Finam Welcome to your site and wish you good day!
Taxi drivers are preparing for the all-Ukrainian strike
Due to what authorities hope to return the economy to pre-crisis level
Kommersant: The Verkhovna Rada has worked on a minimum
Forex - results of the day



