Enel Américas was the worst performing IPSA share after the announcement of the merger with Enel Green Power



[ad_1]

The fall of EnelAm led to a further fall of the IPSA. The selective that brings together the 30 largest shares lost 0.25% to 3,634.63 points.

Recovery day for world stock markets, but the Chilean stock market did not join. And is that the role of Enel América, one of the heavyweights of the local square, fell with forces after yesterday afternoon a merger with Enel Green Power was announced.

On Monday – once the market closed – the Italian announced that the objective is to merge the company that concentrates the generation and distribution assets in Peru, Colombia, Brazil and Argentina with the investment arm in renewable energies in the region.

In this way, the role of the electricity company led the falls in the IPSA by yielding 5.66% and remaining at a value of $ 103.17.

The announcement was backed by JPMorgan that a recent report – which was replicated by Bloomberg – indicated that the plan is positive and it could open a buy window if the stock weakens.

The fall of EnelAm led to a further fall of the IPSA. The selective that brings together the 30 largest shares lost 0.25% to 3,634.63 points.





[ad_2]