The S&P Merval rises and the share of a bank soars almost 6% in the local stock market

The S&P Merval rises and the share of a bank soars almost 6% in the local stock market

December 26, 2024 – 11:33

The local selective index advances 0.6% 2,565,796.88 basis points and a banking paper stands out from the rest.

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After the holiday for the celebration of Christmasthe Buenos Aires stock market operates at risemeasured in pesos, this Thursday, December 26, but lower, measured in dollars. The performance of an action stands out banking that rises strongly, while fixed income operates unevenly.

Thus, the S&P Merval scale 0.6% to 2,565,796.88 basis points and the stocks that climb the most are: BBVA Bank (+6%), Silver Commercial Society (+4.4%) and BYMA (+3.9%).

Bonds and country risk

As for fixed income, prices are uneven. Thus, the bond in dollars that rises the most is the Bonar 2041 (+0.6%), while the one that decreased the most was Bonar 2029 (-0.1%).

“In the short week, the market’s focus will basically be on how the CCL and the Globals close the second to last week of the year,” he said. Juan Manuel FrancoChief Economist of SBS Group.

He country risk It stands at 649 points, which implies an improvement of 1,763 points since the 2023 ballot and 1,257 points YTD, the expert highlighted.

Source: Ambito

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