-1.4 C
New York
Wednesday, February 1, 2023

Latest Posts

Lima Stock Exchange closes the day with gains in 13 indicators and rises 0.45%

The Lima Stock Exchange closed the session this Wednesday, January 18, with gains in most of its indices, recording 13 upward indicators and 3 downward indicators. Thus, the S&P/BVL Peru General Indexthe most representative of the Lima stock market, rose 0.45% to 22,892.14 points.

For his part, he S&P/BVL Peru Selective Indexwhich is made up of the most traded shares in the local market, gained 0.10% and settled at 597.96 units.

The mining sector was the one that reported the most gains in the day with an advance of 1.16%, followed by services and electricity with 0.50% each; in addition to construction (0.08%), consumption (0.07%) and industrial (0.05%). On the other hand, the only item that registered losses was consumption with -0.08%.

Among the local companies that registered the greatest losses were: Unión de Cervecerías Peruanas Backus y Johnston (-2.04%), Alicorp (-1.51%) and Empresa Siderurgica del Perú (-1.18%). While those that registered gains were: Compañía de Minera Poderosa (3.09%), Compañía de Minas Buenaventura (2.41%) and Cartavio Sociedad Anónima Abierta (2.16%).

US market closes negative after opening higher

According to César Romero, head of Investigation at Renta4 SAB, US stocks fell this Wednesday after “hawkish” comments from officials of the Federal Reserve (Fed) and while investors digested the latest economic data. The Dow Jones fell 536 points, or 1.6%, the S&P 500 lost 1.3%, while the Nasdaq Composite was down 1%. This despite the fact that all three indices started the day higher.

On the one hand, Cleveland Fed President Loretta Mester said in an interview that interest rates need to keep rising to combat still-too-high inflation. On the other hand, St. Louis Fed President James Bullard made similar comments in an interview with The Wall Street Journal. Bullard said that the Fed should not stop raising interest rates until they are above 5%.

“This raised further fears about the health of the US economy after months of painful rate hikes by the Fed, which is trying to rein in historically high inflation with tighter financial conditions,” Romero said.

Source: Larepublica

spot_imgspot_imgspot_img

Latest Posts

Don't Miss

Stay in touch

To be updated with all the latest news, offers and special announcements.