The Lima Stock Exchange closed its operations on Monday, January 9, 2023, on positive ground, driven by the good performance of the mining sector. Thus, he scored 14 upward indicators, 1 downward and 1 variation.
On the other hand, the index S&P/BVL Peru Overall, the most representative of the Lima stock market, rose 1.27% to 22,545.52 points. While the index S&P/BVL Peru Selectivewhich is made up of the most traded shares in the local market, advanced 1.19% and was placed at 587.53 units.
The sector miner led the gains and advanced 2.34%, followed by financial sector (1.86%). Likewise, the sectors service Y electricity they grew up 1.86%. On the other hand, the sector that recorded the most losses was building, which fell by -1.22%. For its part, the consumer sector had no variation.
The top stocks that rose were TSLA (18.07%), CVERDEC1 (5.08%), and VOLCABC1 (3.85%). Stocks that fell on the day were IFS (-20%) and BVN (-25%).
Mixed hill US market losing gains
On the other hand, US stocks pared their gains this day as investors were still weighing bets on whether the Federal Reserve could slow its aggressive pace of interest rate hikes. Likewise, the S&P 500 fell 0.1%, paring previous gains of as much as 1.4%. Along those lines, the benchmark index rose 2.3% in the previous session after the monthly employment report indicated a slowdown in wage growth. This raised hopes that inflation is declining, reported César Romero, Head of Research at Renta4 SAB.
In addition, the Dow fell 0.3%, reversing earlier gains, and the technology-focused Nasdaq Composite rose 0.6%. Similarly, stock markets around the world have started 2023 on a positive footing, buoyed by signs that inflation is slowing in the US and Europe. Finally, Investors hope that this slowdown will encourage central banks to raise interest rates in smaller increments, which could do less damage to the economy than rapid increases in borrowing costs, the specialist added.
Source: Larepublica
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