Chile Stocks Hover Near Record on Strong Earnings, Rising Copper [BNN Bloomberg (Canada)]
Credicorp Ltd. (BAP)
Last credicorp ltd. earnings: 2/6 04:00 pm
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Source: BNN Bloomberg
The IPSA stock index reached an intraday high of 6757.07 Wednesday, before reversing its advance later in the day. It had closed at a record of 6728.41 on Tuesday. Credicorp Capital says strong earnings have propped up the market and sees the index climbing to between 7,000 and 7,100 points without specifying a timeframe. Larrain Vial says it could reach 7,200 points in a conservative scenario in coming months. Read More: Chile Raises 2024 Economic Growth Forecast as Copper Prices Soar The IPSA has risen 4.7% so far this year in dollar terms, outperforming Mexico and Brazil, Latin America's largest economies. Chile's economic outlook has been slowly improving, allowing the government to recently raise its 2024 economic growth forecast to 2.7% from 2.5%. Credicorp sees the rise in the price of copper, the appreciation of the Chilean peso and the consequent moderation in inflation expectations adding to the IPSA's rally, said analyst Rodrigo Godoy in an email. “We estimate th
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BAP
News
- Should Value Investors Buy Credicorp (BAP) Stock? [Yahoo! Finance]Yahoo! Finance
- BAP vs. DBSDY: Which Stock Should Value Investors Buy Now? [Yahoo! Finance]Yahoo! Finance
- Chile Central Bank Slows Easing Pace and Says Further Interest Rate Cuts are Coming [Yahoo! Finance]Yahoo! Finance
- Chile Central Bank Slows Easing Pace and Says Further Interest Rate Cuts are Coming [BNN Bloomberg (Canada)]BNN Bloomberg
- BAP or RY: Which Is the Better Value Stock Right Now? [Yahoo! Finance]Yahoo! Finance
BAP
Earnings
- 5/10/24 - Beat
BAP
Sec Filings
- 6/13/24 - Form 6-K
- 5/14/24 - Form 6-K
- 4/29/24 - Form 6-K
- BAP's page on the SEC website