The market was very dull and slow. There are still a lot of people on vacation. Another factor weighing (on the market) is associated with expectations about the remaining ministerial appointments and economic policies that President-elect Hugo Chavez will adopt.

The market has been depressed, and has already discounted a Chavez victory. I don't know who was surprised by the reports and this was not a reason for anyone to sell. But the market is very weak and is very open to manipulation.

The market is waiting for the explanation of the government's economic policy and the Enabling Law. Added to this, there was also a lack of participants because of the proximity of the Carnival celebrations.

It must be that for them, the payment of the tax is minor compared with the potential profits to be made.

Even though the transactions tax has still not been implemented, the mere announcement created great pessimism. The worst thing is the market will move abroad.