© Andres Perez
Third
The Santiago Stock Exchange started the week with positive figures, but finally closed with red numbers in a session marked by the publication of the Imacec of November, which beat the most optimistic market estimates.
Thus, the IPSA yielded 0.17%.
“The IPSA shows a session with little movement, but trading above 4,300 following the good data from IMACEC that exceeded expectations, growing by 14.3% during the month of November. They continue to see limited increases at the index level, until it is clear regarding the new cabinet that President Gabriel Boric will lead, which should be announced in the coming weeks, ”said Ignacio Vidal from Capitaria.
Other analysts estimated that the rise that occurred at the beginning of the day is due to the fact that the price of local shares has been heavily punished in recent times.
“The shares have risen somewhat because they are at book value. That means that future flows and everything to do is worth zero to the market. The economic value that is estimated at the price of the shares is a book value. No prizes are being awarded to them. It is worth what it is worth. That is why it has an increase, because it is very low, very punished “, indicated the managing partner of Senior Management, Cristián Cerna.
In 2021, a very volatile year, marked by a series of local elections, the IPSA accumulated an annual gain of 3.1%, that if very far from what was achieved on Wall Street.
