KEY CHANGE FOR INVESTORS: The Argentine Stock Exchange advances its opening schedule to align with Wall Street

KEY CHANGE FOR INVESTORS: The Argentine Stock Exchange advances its opening schedule to align with Wall Street

Byma communicated a new time strip of operations, which will go from 10.30 to 17.00. The objective is to “capture key opportunities from the beginning of the day.”

Mariano Fuchila – Gentileness bymadata

The Argentine stock market and markets (Byma) reported that starting next Monday, July 28, the markets will operate in a new time slot, which will go from 10.30 am, to 5:00 p.m.. The goal is to align with the Wall Street schedules.

The measure will apply to all negotiation segments: cash, options, deadlines, loans, caution and futures on negotiable values and indices, according to the entity in an official statement.

From Byma they pointed out that this update points to “Take advantage of global dynamism” and “capture key opportunities since the beginning of the day”in a context where integration with international markets is increasingly relevant to local investors.

The new scheme represents an important change for operators, brokers and institutional investors, since it allows Align strategies with early Wall Street movementsespecially in a scenario where the flow of news and monetary policy decisions in the US have high impact on Argentine assets.

How did the financial markets close this Thursday?

Internationally, The New York Stock Exchange reached new maximums this Thursday, after positive sales and employment data in the USwhich point to a strengthened economy.

They also influenced Positive Business Reports of Banks. 88% of the S&P 500 companies that reported to date exceeded the market forecasts, stood out from Grupo SBS.

At the local level, the actions took advantage of the greatest appetite for world risk and closed up. He S&P Merval scored his third rise in the last four wheels, by improving 1.9%with what is directed towards its first weekly advance in almost two months.

On the contrary, the Bonds in dollars They extended their lossesaffected by the increase in the exchange rate and the rises in interest rates, according to market sources.

Source: Ambito

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