US EditionLatam Airlines Leads in Stock Exchange Value of Chile
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Latam Airlines marked a new milestone in the Chilean stock market at the close of this Monday’s session with the largest market capitalization of the Santiago Stock Exchange, displacing the historic leader, Banco de Chile. The airline’s shares rose 1.3%, reaching a price of $23.4 per paper. This rebound brought its value [...]
The Latam Airlines group closed the session this Monday not only in new maximums, but also with the biggest market capitalization in the Santiago Stock Exchange, displacing the Bank of Chile.Latam's shares rose 1.3%, which means a price of $23.4 per paper and 14.14 billion Chilean pesos (millions) in total value for shareholders.On the other hand, the Bank of Chile went back 0.3% to a market cap of $14.03 billion, thus losing the first place in …
The airline Latam Airlines Group SA (LTM) became on Monday August 25th the company with the highest stock value on the Chilean Stock Exchange, reaching a valuation of US$14.630 million, according to Bloomberg numbers. On the other hand, it is the ninth airline with the highest market capitalization in the world.As of this year, the shares of Latam rose by 77% on Wall Street, that is, measured in hard currency. Likewise, the current price is 86% …
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