2023-05-24 15:49:48
The Santiago Stock Exchange It operated in the red this Wednesday, weighed down by the global contingency and also by the request made yesterday by the Central Bank to local banks.
In detail, the issuing institute activated the Countercyclical Capital Requirement (RCC)which consists of accumulating a capital buffer so that it is available in the face of severe stress scenarios.
In the event that the latter happens, this cushion is thus released and, with this additional margin, the negative impacts of an abrupt restriction of essential services, such as the supply of credit, are mitigated.
Faced with this situation, in the Santiago Stock Exchange the Ipsa showed a variation of -1.24% shortly before noon, at 5,615.36 points.
The hardest-hit actions were precisely those of the bank: BCI shares fell 2.28%, Santander -1.88% and Itau -1.88%.
They were also in red Falabella (-1.65%), Copec (-1.04%) and Latam (-0.79%).
At a global level, the tensions in Washington to negotiate the lifting of the debt ceiling are also having an impact on the main stock markets.
Wall Street opened this Wednesday in the red and the Dow Jones Industrials, its main indicator, lost 0.49% at the opening.
For its part, the composite index of the Nasdaq market, in which the main technology companies are listed, fell 0.45% to 12,503.17 integers.
According to the Treasury Department, Washington might run out of funds to pay its debts on June 1 if Congress can’t agree to raise the debt ceiling.
The matter has been generating “nervousness among investors” for several days, the EFE agency remarked.
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