On Wednesday, May 27, almost all the stock indexes of Latin America except Venezuela, completed the day with negative dynamics.
indicator of stock market of Brazil Bovespa reduced value of 0.09% to 51 791.61 points. Index during the trading showed an increase of 2.4% due to the statement the central bank that the lending in April rose by 0.4%, which reinforced investors' faith in economic recovery.
national currency - the real - as a result of trades stronger at 1.1% to 1.99 reals per dollar, while during the bidding Piercing psychologically important level of 2 real per dollar for the first time since October last year. Quotations largest national bank Itau Unibanco Holding added 0.4% to 31.69 reais, its rival Banco Bradesco strengthened to 0.1% to 29.60 reais.
Shares in the region's largest steel company Gerdau jumped to 3.6% to 7-month maximum of 19.38 after a JPMorgan Chase Co analysts have raised recommendations on the securities on expectations of strengthening global demand for products.
Quotations
mining company Vale have become easier to 2.2% and fell to 32.36 reais. Analysts Goldman Sachs lowered the recommendation on shares of evaluation buy to neutral on concerns that a decline in metal prices and the strengthening of the real profits will reduce the company.
The Mexican Bolsa
by the end of trading session on the weakened 0.54% to 24 507.81 points. The Mexican peso reduced 0.1% and concluded the day at around 13.215 pesos to the dollar.
Quotations
retailer Wal-Mart de Mexico cheaper at 2.09% to 38.47 pesos on continuing fears of recession, while its competitor Comercial Mexicana rose by 3.67% to 8.19 pesos in the evaluation of new banks the company proposals to restructure its debts. Paper bank Inbursa cheaper at 3.42% to 40.94 pesos. Actions leading regional mobile phone operator America Movil potolsteli at 1.24% to 25.37 pesos.
Stock markets
Chile also completed auctions below former level. Chilean IPSA, which is dominated by shares of trading companies, fell by 2.43% and dropped up to 3 054.91 points, while the IGPA, reflecting the general dynamics of the market, dropped in price on 2,04% to 14 433.54 points.
Quotations
steel company CAP decreased by 3.95% to 12 389 pesos, retailer Cencosud rolled in% to the peso, while the energy group Enersis decreased by 2.59% to 1 419.3 pesos.
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 | 1567,36 | -14,94 | -0,94% | 45,17% |
| Bovespa | Brazil | 51791,61 | -49,19 | -0,09% | 37,93% |
| IBC | Venezuela | 43662,26 | 146,29 | 0,34% | 25,01% |
| IGBC | Colombia | 9129,13 | -40,63 | -0,44 % | 20,74% |
| Bolsa | Mexico | 24507,81 | -132,27 | -0,54% | 9 , 51% |
| IGBVL | Peru | 12795,98 | -75,99 | -0,59% | 81,54% |
| IGPA | Chile | 14433,54 | -301,23 | -2,04% | 27,46% |
| IPSA | Chile | 3054,91 | -76,24 | -2,43% | 28,55% |
Latin America: the rise in oil prices yesterday poborol investor pessimism
United States: hope for improving economic rules of the market
Europe: three-day rally came to an end
Asia: the simultaneous occurrence of good and bad news has caused uncertainty in the region
Overview of the foreign exchange market for 28.05.2009
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