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The Santiago Stock Exchange is on its way to conclude its best month after the triumph of Sebastian Piñera




Go for a month at the Santiago Stock Exchange. After 2018 for forgetfulness in which he lost 8%, IPSA reappeared as a bird and is on his way to concluding the best December month since the triumph of Sebastian Piñera in December 2017.

Selective from the local market accrues a 5.5% gain in the first month of the year, which in turn represents the best month in January at six years.

The stock market trend is in line with Wall Street, which is accumulating an increase of more than 7%, a profit that in Brazil reached 10% and in Colombia 9%.

According to Bci's strategic manager, Pamela Auszenker, stock market profitability is responding to the climate of lesser tension that is reflected in world markets, "especially in relation to the commercial war, where the market is waiting to meet this happening these days when comments point to progress in negotiations ".

Added to this was a more modest tone on the part of the Federal Reserve system, which concerned a rate-raising cycle that had "a positive impact on the markets," Auszenker added.

"The good performance of the stock market in January lies mainly in the" rebound "on stock markets after a negative reaction in December (…). In January he returned to the country after a very negative December and 2018 generally poor condition, explains analyst MBI Inversiones Sébastien Fresard.

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