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Chile: Santiago Stock Exchange opens 7.27% down after Boric’s victory

RIO DE JANEIRO, BRAZIL - The S&P IPSA Index, the main index of the Santiago Stock Exchange, opened Monday down 7.27%, at 4,041.10 points, in a market reaction to the victory of far-left Gabriel Boric in Chile's presidential elections.

Although all papers are in negative territory, the sharpest falls are from Cencoshopp (-15.44%), Aguas-A (-12.67%), and SQM-B (-10.40%).

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Diego Pereira, economist at J.P. Morgan, said that to . . .

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