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The Santiago Stock Exchange is on its way to closing its best month after Sebastián Piñera's victory




Go to the month of the Santiago Stock Exchange. After the fall of 2018, in which he lost 8%, IPSA appears again as a bird and is on its way to closing January's best month since Sebastián Piñera's victory in December 2017.

In the first month of the selective domestic market, a gain of 5.5% accrues, which is the best month of January in six years.

The stock market trend is consistent with Wall Street, which accounts for more than 7% growth, generating 10% in Brazil and 9% in Colombia.

According to Bc assistant strategy chief Pamela Auscencher, stock market profitability responds to a less tense atmosphere felt in global markets, especially in the context of the commercial war, where the market is waiting to meet, these days when comments point to progress in negotiations.

To this end, a more moderate tone has been added to the Federal Reserve for a rate-raising cycle that has "benefited the market", Auschenker added.

"The good performance of the stock market in January is mainly a" rebound "in the stock markets after a negative over-reaction in December (…) In January, it has regained ground lost after a very negative December and 2018 overall," explains MBI Inversiones analysts Sébastien Fresard.

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