Chilean market ends sharply higher after voters reject new constitution ...Middle East

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Chilean market ends sharply higher after voters reject new constitution
source : Devdiscourse ( Middle East ) () 27
Chile's stock market staged a strong rally before paring gains at the close on Monday, a day after Chileans rejected a proposed new constitution, while the top copper-producing nation's peso firmed as its government prepares to draft a likely more moderate text. Chileans voted overwhelmingly on Sunday to reject what would have been one of the world's most progressive charters and a sharp shift from its market-friendly constitution dating back to the Augusto Pinochet dictatorship.

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