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Copper’s CPER fund rose 0.70% to US$40.33 on Wednesday as Freeport-McMoRan gained 0.99% and Southern Copper slipped 0.27% after the Fed hold. The post Copper Fund Rises 0.70% as Freeport Gains 0.99% | Copper, Oct 28 appeared first on The Rio Times .
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Colombia’s COLCAP index closed almost flat at 2,505.79 on Wednesday, down 0.03%, while the peso slipped about 0.5% to 3,163 per dollar as oil rose.
Argentina’s Merval index fell 1.30% to 95,438.89 on Wednesday as banks slid and country risk rose to 763 basis points; the official dollar held at ARS 1,560.
Chile’s IPSA index fell 0.82% to 10,677.88 on Wednesday as LATAM Airlines lost 8.7% and Entel 7.8%; the peso weakened about 0.3% to 988 per dollar.
The LIT lithium fund edged up 0.10% to US$62.69 on Wednesday, but Albemarle fell 2.02% and Chile’s SQM dropped 2.26% in New York trading.
Vale’s New York shares fell 3.12% to US$11.47 on Wednesday as Brazil’s stock market dropped 2.68%, while Rio Tinto gained 0.22% to US$85.93.
Nexa Resources, a Peru and Brazil zinc miner, fell 1.09% to US$11.82 on Wednesday while Teck Resources gained 1.22% to US$63.04 in New York.