In another order, the shares of Argentine companies listed on Wall Street closed with the majority of increases of up to 6.1% thanks to Cresud. Behind them were Transportadora Gas del Sur (4.8%) and Telecom Argentina (4.5%). This happened in line with the rise of Wall Street. The Dow Jones rose 1.2%, the S&P 500 index gained 1.4% and the Nasdaq Composite improved 0.4%.
“After the most cautious of the last rounds, Wall Street inserts a breather beyond the noises about China and crypto, despite which local assets exhibit slight swings after the holiday while traders continue to closely monitor dollars financial,” said analyst Gustavo Ber.
And he completed: “Hence it is that the S&P Merval has so far returned 0.6%, rearranging after yesterday’s holiday despite the firmer behavior among the main ADRs, since the tactical bets that previously drove them seem to be giving rise to a greater calm”.
In fixed income, sovereign bonds in dollars closed with the majority of increases.
Source: Ambito
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