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Latin America: stock market growth rate 2020

Shortly after the first COVID-19 cases were confirmed in the largest Latin American economies, some of the most important stock market indexes in the region plummeted. Compared to its closing quote on February 19, the Brazilian stock exchange index IBOVESPA showed the largest decrease among the stock indexes shown in this graph, surpassing a 40 percent fall both in March and in April. On April 3, 2020 the IBOVESPA decreased 40.3 percent in value, and gradually recovered to -15 percent on October 15. Throughout the indicated period, Mexico's IPC index was the one maintaining most of its value, not having decreased more than 27 percent since February 19.

Impact of the COVID-19 outbreak on selected Latin American stock exchange indexes from February 19 to October 15, 2020

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Sources

Release date

October 2020

Region

LAC

Survey time period

February 19 to October 15, 2020

Special properties

Growth rates taking 02/19/2020 closing quotes as reference

Supplementary notes

This statistic was assembled by Statista based on data provided in the following links:
Merval (Argentina)
Ibovespa (Brazil)
S&P/CLX IPSA (Chile)
COLCAP (Colombia)
S&P/BVL Peru General Total Return PEN Index (Peru)
S&P/BMV IPC (Mexico)

Growth rates were calculated by Statista taking 02/19/2020 closing quotes as reference.

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