Latin American markets opened Thursday with a broadly steady tone, as traders assessed softening global risk appetite, fluctuating commodity prices and currency adjustments across the region. Early trading showed selective strength in financials and consumer-linked sectors, while energy and mining shares reflected mixed global demand signals.
Brazil
Brazil’s B3 opened marginally higher, supported by resilience in domestic banks and steady inflows into interest-sensitive stocks. The real traded in a narrow range as investors evaluated the fiscal outlook and the central bank’s upcoming policy communications. Energy names were mixed, with oil producers easing slightly on weaker crude benchmarks, while utilities found support from stable defensive demand.
Mexico
Mexico’s market opened on the back foot, with the IPC index slipping as industrial exporters faced pressure from currency fluctuations and softer overnight sentiment in North America. Financials also traded cautiously following adjustments in bond yields. Consumer staples showed early relative strength as domestic demand indicators remained constructive.
Chile
Chile’s equities opened broadly flat. Copper producers faced mild declines due to softer metals pricing, though local utilities and retail names offset losses with modest early gains. Traders noted ongoing sensitivity to global commodity cycles as well as Chile’s evolving inflation profile.
Argentina
Argentina’s Merval index opened with mild volatility as investors reacted to continued peso fluctuations and uncertainty around short-term economic stabilisation measures. Energy and financial stocks showed wide early ranges, while exporters benefited modestly from FX dynamics despite broader caution.
Colombia & Peru
Colombia opened slightly firmer, supported by banks and select oil-linked stocks despite pressure from global crude prices. Peru traded mixed as metal producers faced subdued sentiment, while the broader market held stable due to inflows into defensive sectors.
Newshub Editorial in South America – 2025-12-11
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