The Santiago Stock Exchange recovers thanks to Wall Street and a lesser fear of the trade war



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At the close of local operations, the selective IPSA indicator recorded a daily increase of 0.44%.

After two consecutive days of losses, the main indicator of the national stock market paused on Thursday.

At the close of local operations, the IPSA recorded a daily increase of 0.44%, which brought it to 5,266.98 points.

This corresponded to an increase in most of the main indicators in the region. the three great landmarks of Wall Street. The iconic industrial Dow Jones rose 0.75% at the local close, while the S & P 500 selective was up 0.86% and the Nasdaq composite up 1.12%.

At the stock level, the highest contribution to selective growth came from an increase of 3.49% which led to the Soquimich series B papers up to $ 31,395 , according to Bloomberg calculations. With this, the non-metallic mining company recovered almost everything that had been lost the previous two days to the local wheel

"Soqui" was also the most traded newspaper of the day, with operations for nearly 11.612 million of dollars. The information from the Santiago Stock Exchange show that no transaction exceeds $ 100 million, so no block of large stock has been moved.

According to local market agents, the main inspiration of the Santiago Stock Exchange, as it has been the tonic the last few months, are the swings of the external stock exchanges.

New York earnings, which returned with desire after the holidays of yesterday, have pushed most stock markets in the region, with the sole exceptions of Brazil and Colombia

which, according to operators, was due to a combination of withdrawal of fears of the Sino-US trade war, which has been the subject of recent stock market pressures. and the publication of the minutes of the last monetary policy meeting of the US Federal Reserve.

Although the last meeting of the Federal Open Market Committee (FOMC) of the Fed left to investors with the feeling that the strategy of increasing reference rates into the future is more aggressively, the record of the instance has reinforced the tone of the gradualness of the leaders of the entity, in a context of greater commercial risks.

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