The mining sector was the one that reported a drop of -2.31%, followed by construction. While US stocks closed positive thanks to the good rise in GDP.
The Lima Stock Exchange closed the session this Thursday, January 26, with losses in most of its indices, writing down 13 indicators and 3 upwards. So the index S&P/BVL Peru Generatesl, the most representative of the Lima stock market, fell -0.84% to 22,901.84.
On the other hand, the index S&P/BVL Peru Selectivewhich is made up of the most traded shares in the local market, lost -1.08% and was placed at 593.8 units.
The United States economy slowed down and grew 2.1% in 2022
The mining sector It was the one that reported the most losses in the day with a decline of -2.31%, followed by the financial category (-0.30%) and construction (-0.25%). On the other hand, the service and electricity sectors rose 1.60%.
The shares that fell were mainly CREDITC1 (-4.44%), CORAREI1 (-2.86%) and SCCO (-1.17%). On the other hand, the ones that gained the most are ENDISPC1 (4.74%), BAP (1.42%) and FERREYC1 (0.90%).
Home sales are 20% below the pre-pandemic level
US market closes positive thanks to positive US GDP data
Likewise, according to César Romero, Head of Research at Renta4 SAB, the shares rose on Thursday after the positive reading on economic growth eased concerns about a recession in the US. However, it was reiterated that the Federal Reserve still has more work to do. For its part, the Dow Jones gained 60 points, or 0.6%, after paring gains in early market trading. Additionally, the S&P 500 rose 1.1% and the Nasdaq Composite gained 1.7%.
In this line, the data showed US GDP growth of 2.9% in the fourth quarter. This represents a slight slowdown from the 3.2% rise in the previous quarter, but still points to a healthy economy. Similarly, this figure, which is higher than the 2.3% estimated by the economists surveyed by FactSet, indicates that the economy is not in recession and may be able to handle further rate hikes by the Fed. Likewise, the The number of US citizens filing claims for unemployment insurance programs fell by 6,000 from the previous week’s level to 186,000, pointing to continued tightness in the labor market, the specialist added.
Source: Larepublica
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