Salmon farmer was back among Chile's top 10 listed companies last month
Shares in Chile’s second largest salmon farmer, Multi X, were among the top 10 best performing stocks on the Santiago Stock Exchange in January, reports Fish Farming Expert's Chilean sister site, Salmonexpert.cl.
Multi X shares were ninth in the Santiago market’s monthly ranking, having increased in value by 14.19% during the month. The company, which produces more than 100,000 gutted weight tonnes of Atlantic salmon annually, had been absent from the exchange’s Top 20 performers for several months.
Other listed Chilean salmon producers also increased in value last month. Shares in Salmones Camanchaca were up by 7.48%, and Blumar shares increased by 2.27%.
According to Rabobank, the global aquaculture sector is poised to grow in the first half of 2025 despite facing significant uncertainties, particularly political ones in the case of Chilean salmon.