On Friday, May 29, the majority of the stock markets of the Latin American region were closed in the black. The index was influenced by a favorable macro-economic data, which continued to support investors' hopes for an early economic recovery. So manufacturing Preview. in Japan in April rose by 5.2%, while the expected increase of 3.2%. In India, the third largest economy in Asia, GDP in the last quarter rose by 5.8% y /y, it is expected an increase of 5%. In Germany, retail sales in April increased by 0.5% m /m, while the U.S. consumer confidence index of the University of Michigan is over. in May was 68.7, while the expected 68.0.
Spoon tar was forecast Goldman Sachs on the GDP of Mexico. This year, analysts expect that figure to decline to a record 8.5% in 1932. The main reasons they are called the fall in demand for exports from the United States, as well as easing the flow of dollars through lower tourism activity. Against this backdrop, the stock market index of Mexico Bolsa completed the day in the red at 1,33%.
Brazil's Bovespa index has added 0,30% and closed at around 53 197.73. The main reason was the rise in the cost of the shares of major producers of metals. Real strengthened against the dollar on 1,7% against the backdrop of increased investor appetite for emerging market assets.
Regional EM Latin America index as a result of trades reduced 0.3% and closed at 1 200.461. Chilean blue-chip IPSA index lost 0.06% and IGPA gained 0.55%. Leader growth was Peruvian IGBVL, potyazhelevshy at 3,40%.
Shares third largest steel producer in Brazil's Cia. Siderurgica Nacional went up by 3.83%. Market capitalization steel producer Usinas Siderurgicas de Minas Gerais added 6,3%.
Paper producer of raw materials for paper Votorantim Celulose e Papel cheaper at 4.2% after the Bank of America has expressed doubts about the sustainability of recovery in prices for wood pulp.
Quotations in Mexico's largest residential-construction company Desarrolladora Homex fell by 1.5%. The Central Bank said that the private mortgage lending in April fell by 5.3% over the previous year.
The values of major indices at the closing are shown in the table:
Â
| Index | Country | Closing | Change (items) | Change (%) | Valueat beginning of year (the last closing in 2008) | Change from the beginning of the year |
|---|---|---|---|---|---|---|
| MerVal | Argentina | 1,587.21 | 26.80 | 1.72% | 1079.66 | 47.01% |
| Bovespa | Brazil | 53,197.73 | 156.99 | 0.30% | 37550.31 | 41.67% |
| IBC | Venezuela | 43,125.09 | -423.86 | -0.97% | 34927.66 | 23.47% |
| IGBC | Colombia | 9,262.72 | 54.78 | 0.59% | 7560.68 | 22.51% |
| Bolsa | Mexico | 24,331.71 | -327.53 | -1.33% | 22380.32 | 8.72% |
| IGBVL | Peru | 13,392.27 | 440.28 | 3.40% | 7048.67 | 90.00% |
| IGPA | Chile | 14,684.06 | 79.98 | 0.55% | 11324.07 | 29.67% |
| IPSA | Chile | 3,100.42 | -1.84 | -0.06% | 2376.42 | 30.47% |
Latin America: the expected growth in demand for Commodities has caused enthusiasm among investors
United States: macroeconomic statistics overshadowed bankruptcy avtogiganta
Europe: statistics and the commodity sector have provided a global optimism
Asia: the growth of Baltic Dry Index, and Commodities prices do not cease to put on market optimism
Overview of the foreign exchange market 01.06.2009
United States: rough index shoots in May
Europe: uncertain market growth due to rally the commodity sector
Asia: shares of commodities leading to a positive regional
Overview of the foreign exchange market 29.05.2009