Positive prices for salmon shares in Chile
According to the Santiago Stock Exchange, Invermar share price reached a 13.76% increase from CLP$ 239.97 (USD 0.45) on Monday 14th June up to CLP$ 273.10 per share (USD 0.51) obtained yesterday. Meanwhile, Multiexport experienced a 11.21% increase from CLP$ 137.00 (USD 0.26) to CLP$ 152.37 (USD 0.28).
This situation might be explained not only by a sanitary recovery from ISA virus, according to the financial journal Estrategia, but also due to a 40% increase in the Norwegian salmon price over its historical levels.
Moreover, the analyst of the stock broker company BCI, Christopher Baillarie, said that these positive figures "are mainly due to the good prospects for a recovery that would be by the end of the year and especially for 2011".
