The financial sector was the one that fell the most in the day, with 4.20%, followed by consumption. The shares that fell the most were HIDRA2C1 -5.52% and POMALCC1 -4.87%
The Lima Stock Exchange (BVL) The session of this Monday, January 30, 2023, closed in negative territory. This result was driven by the poor performance of the financial sector. Thus, he wrote down 15 indicators and only 1 up.
In this way, the S&P/BVL Peru General Index, the most representative of the Lima stock market, fell 1.07% to 22,406.82 points. Meanwhile, the S&P/BVL Peru Selective Indexwhich is made up of the most traded shares in the local market, lost 0.50% and was placed at 583.14 units.
The financial sector was the one that reported the most losses in the day with a fall of 4.20%, followed by consumption (-0.48%), industrial (-0.36%), construction (-0.11%); and services and electricity with -0.11% each. On the other side, only mining registered gains of 1.08%.
Stocks that fell the most in the index were TSLA (-7.61%), BAP (-5.33%) and SHPC1 (-4.21%). On the other hand, those that increased the most were CREDITC1 (4.63%), POMALCC1 (2.35%) and C (1.47%).
US market closes at lows
According to César Romero, head of research at Renta4 SAB, US stocks fell on Monday as investors await a full week of quarterly earnings reports, which also includes the latest Fed, ECB and BoJ meeting and employment data on Friday.
The S&P 500 was down 1.3%, while the Dow Jones lost almost 0.8%. The Nasdaq Composite declined approximately 2%. This after all indices ended positive last week, with the S&P 500 gaining 2.5%, the Dow Jones finishing up 1.8% and the tech-heavy Nasdaq Composite rising above 4%.
The Commerce Department said Friday that the personal consumption expenditures price index, excluding energy and food, rose 4.4% from a year earlier. Friday’s report came a day after the government reported a better-than-expected 2.9% gross domestic product increase for the fourth quarter, raising hopes that the Federal Reserve (Fed) may head higher. the elusive “soft landing” scenario, Romero explained.
Source: Larepublica
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