Santiago Stock Exchange is preparing to close its worst first half in five years | Economy

The Santiago Stock Exchange closed Thursday with a contraction of 0.36% adding its second consecutive session down.

The biggest pressure for the IPSA – which groups the 40 shares The main titles of the Chilean market come from Copec, whose titles reported 1.04%. In addition, the local stock market is affected by trade tensions between the United States. and China .

If expectations are met, this Friday will close its worst first half of the last five years with a cumulative decrease of 5.52% in 2018.

According to Emol it is the worst stock market performance since the first six months of 2013 where the indicator fell by 6.3 percent.

contrast with the figures recorded by IPSA at the end of 2017, after the election of Sebastián Piñera, where increased by 9 percent in one day and ended up renting 34 percent throughout the year, its largest increase since 2010.