By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.
Last Feb. 28, the United States and Israel launched attacks against Iran, sharply escalating geopolitical tensions.
In response, local stocks retreated as investors pivoted toward traditional safe-haven assets like gold, cash and the US dollar.
Airlines and net importers faced the steepest declines, pressured by the dual threat of rising oil prices and a weakening peso. Interest rates also climbed as the market began pricing in higher inflation expectations.
While the market is likely to remain weak and interest rates elevated in the near term, historical data suggests this trend may be short-lived.
