MARKETS A.LATINA-Close with falls due to risk aversion and political crisis in Brazil

(Updates with closings) BOGOTÁ, Apr 24 (Reuters) – Most Latin American markets closed on Friday with declines as traders preferred to migrate to lower-risk assets to hedge over the weekend due to uncertainty over developments. of the coronavirus pandemic, to which was added the political turmoil in Brazil. * The region welcomed pessimistic sentiment over concerns about progress in developing drugs to treat COVID-19, as well as delays in details of an agreement on a stimulus package from the European Union. * Brazil led the losses, with the real depreciating 2.54% and the Bovespa stock index plummeting 5.79%, after the resignation of the Minister of Justice in a fact that raised doubts about the future of a country already sunk in a coronavirus crisis. * The Mexican peso lost 1.31%, while the benchmark S & P / BMV IPC stock index climbed 1.01%. * In Argentina, the Merval index collapsed 3.69% in a square attentive to the trajectory of its external peers and to sovereign debt restructuring negotiations after the country did not pay bond interest. * The Colombian peso depreciated 0.46%, after two sesones of gains and with which it accumulated a fall of 2.7% in the week and the benchmark index of the stock market, COLCAP, fell by 2.55%. * The Chilean peso discounted initial losses and closed with a marginal drop of 0.02%, with which it accumulated a weekly fall of 0.58%. The main index of the Santiago Stock Exchange, the IPSA ended with a decrease of 1.84%. * In Peru, the currency, the sol fell 0.59%, to 3,395 / 3,400 units, but 0.26% appreciated in the week. Quotes at 2033 GMT Stock indices Quote Var pct Var pct daily in the year MSCI Markets 891.81 0.36 -19.99 emerging MSCI Latin America 1,595.7 -1.55 -45.31 Bovespa Brasil 75,330.61 -5 , 45 -34.8607 CPI Mexico 34,586.82 1.01 -20.56 Argentina MerVal 29,258.1 -3.69 -3.47 COLCAP Colombia 1,122.37 -2.55 -32.49 IPSA Chile 3,679.67 – 1.84 -27.92 Selective Peru 376.49 -0.11 -26.52 Dollar against currencies Quote Var pct Var pct daily in the Brazilian Real year 5.6292 -1.68 -28.61 Mexican Peso 25, 0200 -0.96 -24.42 Chilean Peso 858.8 0.34 -12.00 Colombian Peso 4,033.6 -0.44 -18.68 Peruvian Sol 3.3947 -0.57 -2.52 Argentine Peso 66 , 29 0 -10,18 (Report by Nelson Bocanegra, additional report by Froilán Romero in Santiago and Maria Cervantes in Lima, Edited by Manuel Farías)

Written by Argentina News

Corresponsal de Argentina, Encargado de seleccionar las noticias más relevantes de su interés a nuestro sitio web

Leave a Reply

Your email address will not be published. Required fields are marked *

Fiat plans to resume production in Córdoba on May 11

company confirmed investment of 800 million dollars