Santiago Stock Exchange Soars to New All-Time Highs Amid Surprising Inflation Figures: Latest Updates and Analysis

2023-07-12 23:01:17

The Santiago Stock Exchange continues to set record numbers with the Ipsa reaching new all-time highsnext to a market that woke up with the surprising inflation figures in United States.

During this day, the main Chilean stock market indicator closed overcoming the barrier of 6 thousand points (6,078.57)which translates into a variation of 1.39% or 83.10 points.

The national stocks that showed the greatest appreciation at the close were Enaex (5.19%), Sonda (4.85%) and brother-in-law (4.32%). On the contrary, Mall Plaza (-3.11%), Clínica Las Condes (-2.82%) and Pampa Calichera in its series A (-2.08%) showed contractions in the prices of their papers.

He observed dollar closed at 816.78 pesos (0.59%), the euro at 898.55 pesos and the UF it was located at 36,093.31 (-0.01%).

Although expectations remain high for a possible fee reduction at the next meeting of the Central Bank (July 27 and 28), Today’s featured news comes from the USwhere he IPC of the american nation fell one point in June to reach 3%.

This after arriving at his forty-year high in June 2022where it reached 9.1%.

These dates will be vital for the next decision of the Federal Reserve (Fed) US, where it will define the next horizon of interest rates, especially given that this CPI will closer to the goal of the institution who hopes to bring inflation to a 2%.

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