The collapse of Santiago after elections marks a trading day in Latin America

The collapse of the Santiago stock market after Sunday's elections in Chile marked the day of trading in Latin America, where the three main markets did not operate as a holiday, while Wall Street, the compass of the region, recovered ground.

Bogotá, November 20 (EFE) .- The collapse of the Santiago stock market after Sunday's elections in Chile marked the day of trading in Latin America, where the three main markets are not operated as a holiday, while Wall Street, the compass of the region, regained ground.

After closing in red on Friday, in New York parquet, the Dow Jones advanced 0.31% and finished in 23,430.33 integers; Investors of the largest market in the world continued today to pay attention to the tax reform promoted by the US president, Donald Trump, after his approval in the House of Representatives and with the look put in the process in the Senate.

Also in most European places dominated the upward trend, encouraged by the advances of the great values: Frankfurt advanced 0.50 %, Milan 0.44%, Paris 0.40%, Madrid 0.15% and London 0.12%.

Meanwhile, most Latin American stock markets closed with gains, although the day did not large: Sao Paulo, Mexico and Buenos Aires.

The movement in the region was marked by the 5.86% collapse of the IPSA, the main index of the Santiago stock exchange, which closed at 5,076.02. points, in its worst day in more than six years.

The descent took place a day after the Sunday elections, which confirmed that the ex-president Sebastián Piñera and the independent senator Alejandro Guillier will contest the Presidency of Chile in a second round on December 17.

With this fall, local actions lost 15 million dollars in stock market capitalization in a session with an amount of shares traded for 197,856,108,481 Chilean pesos (about 310.11 million dollars).

In the opposite field, the Colombian parquet gained 0.19% in its Colcap index, which remained at 1,446.28 whole, after transactions for 137,203.24 million Colombian pesos (45.56 million dollars).

S & P / BVL Peru General Index closed at 19,583.30 units after increasing 0.33% in a session in which 29,441,443 soles (9,075,661 dollars) were negotiated.

And the Global Bonus Index Stock Exchange of Montevideo advanced a minimum 0.009% and finished in 115.78 points, with operations by 36.190.436 Uruguayan pesos (1.232.693 dollars).

The evolution of Latin American was the following:

Market Closing Points

SAO PAULO Festive

MEXICO Festive

BUENOS AIRES Holiday

SANTIAGO -5.86% 5,076.02

COLOMBIA +0.19% 1.446,28

LIMA +0.33% 19.583,30 < 115,78