Sociedad Quimica Y Minera De Chile S.A. shares fall 1.55% premarket as European equities gain ground.

Sociedad Quimica Y Minera De Chile S.A. fell 1.55% in premarket trading. The decline in the stock price may be attributed to the overall market sentiment, as European equities gained ground yesterday, led by cyclical sectors, especially autos. The gains came despite SAP, the region’s largest market cap, sliding 4.10% after disappointing results. Optimism was fueled by progress on trade talks between the EU and Japan and, later, reports from the Financial Times suggesting the EU and US are close to a deal that would impose a 15% tariff on European imports to the US.