Peruvian stock market led the international scene for the second consecutive day

For the second day in a row, The Peruvian stock market led the international scene last Wednesday, after rising 1.26% in a session marked by the disappointing presentation of the Fed’s minutes, Bloomberg reported.

According to the specialized portal, the minutes of the Federal Open Market Committee of the United States Federal Reserve “They weighed down the stock markets in that country,” which closed at a loss after a more aggressive stance from the central bank was shown when it came to raising interest rates this year.

The minutes revealed that, given the behavior of the economy, the labor market and inflation, “it could be justified” to increase the reference rates at “a faster pace” than had been anticipated.

Thus, the S&P 500 (SPX: IND) closed down -1.9%, while the Dow Jones (INDU: IND) lost -1.07%. The Nasdaq Composite (CCMP: IND) was the worst performer, sinking -3.34%, as tech stocks continued their declines. The Nasdaq 100 (NDX: IND), which groups together the largest companies in the sector, sank -3.1%.

Although the positions did not show when this tightening could start, after the meeting on December 14 and 15 ended, officials were unanimous that they would have to start raising rates as soon as this year.

Behind the Peruvian stock market was his pair from Chile, with a rise of 0.53%, and with whom he was able to score the only two sessions on the rise in the region. In contrast, the Sao Paulo Stock Exchange (Ibovespa), with a drop of -2.42%, was the one with the worst performance at the end of Wednesday.

BVL closes the day with gains and rises 1.26%

In detail, the Lima Stock Exchange (BVL) closed the session on Tuesday, January 4, 2022 with all its shares in green. In this way, 14 sectors were registered on the rise.

The S & P / BVL Peru General index, the most representative of the Lima stock market, advanced 1.26% up to 21,830.95 points. For its part, the S & P / BVL Perú Selectivo index, which is made up of the most traded shares in the local market, grew 0.98% and recorded 582.2 units.

The sectors with the highest profits were construction, with 2.23%; consumption, with 2.02%; industrial, with 1.61%; mining, with 1.58%; services, with 0.64%; electricity, with 0.64% and financial, with 0.58%.