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S&P/CLX IPSA (^IPSA)

Santiago - Santiago Delayed Price. Currency in CLP
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5,058.880.00 (0.00%)
At close: 5:02PM CLT
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Previous Close5,058.88
Open5,071.76
Volume0
Day's Range5,041.52 - 5,072.83
52 Week Range5,041.52 - 5,072.83
Avg. Volume0
  • EMERGING MARKETS-Latam FX, stocks rally on upbeat trade news, dovish Fed
    Reuters

    EMERGING MARKETS-Latam FX, stocks rally on upbeat trade news, dovish Fed

    The U.S. Federal Reserve and the European Central Bank both held on rates and said they were likely to do so in the near term. Emerging markets, which have largely mimicked the Fed's easing cycle this year, have found support from major central banks adopting an accommodative stance in the face of an economically damaging trade war between the United States and China.

  • Reuters

    EMERGING MARKETS-Latam FX hold gains as Fed stands pat on rates; Brazil rate decision eyed

    Analysts say markets have priced in what is expected to be the final rate cut in Brazil interest rates, to a record low 4.5%, as economic indicators show improvement. "We expect unchanged interest rates next year," said You-Na Park-Heger, an analyst with Commerzbank. "Should the central bank leave the door open for interest rate cuts, this should weigh on the BRL." Wednesday's cut would be the bank's fourth this year.

  • Reuters

    EMERGING MARKETS-Brazil assets rise on expected interest rate cut; Latam stocks rise

    * MSCI Latam stocks, currency indexes at over 1-mth highs * Brazil cut priced in, tightening cycle seen in 2020- Analyst * Higher metal prices support Chilean assets By Ambar Warrick Dec 11 (Reuters) - Brazilian assets firmed on Wednesday on expectations the country's central bank will cut the benchmark Selic interest rate to a record low 4.5%, while Latin American stocks hit the highest in more than a month on hopes for U.S.-China trade talks. "Until we see some confirmation, I think we'll see people getting a bit more nervous as that deadline nears," said William Jackson, chief emerging markets economist at Capital Economics in London. Brazil stocks rose while the real rose against the dollar to its strongest level in more than a month.