In South America, the political risk, whether it is linked to elections or repeated scandals, must be taken into account before any investment.
The election of Chilean billionaire Sebastian Piñera with more than 54% of the vote, who was already President of Chile between 2010 and 2014 led the Chilean index to flare Monday, December 18 with an increase of 10.4%, which brings on its annual high.
The political risk now evacuated, Chile is a country that enjoys many assets on the stock market.
Find our ECH analysis (Chile – iShares)
Next country to follow in this zone: Peru, which yesterday also recovered after 15 days of decline.
ECH : daily data
