Multiexport and Invertec shares on the rise
Multifoods (holding which includes Multiexport) and Invermar (holding which includes Invertec) have shown better performances than most other shares in the Santiago Stock Exchange. So far this year, shares of both companies have experienced increases in their prices of 58.54% and 31.41%, respectively. As reference, the shares with better results in the Selective Stock Price Index (IPSA) are SM-Chile B with 45.08% and Socovesa with 27.78%.
This trend is confirmed through their behavior in May, since the price of Invermar's shares have been increased 19.95%, while Multifoods' shares have experienced a 17.18% rise. According to Diario Financiero, several analysts explained that these good performances are a consequence of this sector regaining some calm in the recent months and within the late last year.