The market measures the impact of Llala’s defeat: Argentine shares on Wall Street in the Premarket fall up to 11%

The market measures the impact of Llala’s defeat: Argentine shares on Wall Street in the Premarket fall up to 11%

The tension takes over the market. The overwhelming defeat of freedom progresses (Lla) in the legislative elections of the province of Buenos Aires Increased doubts that the City already had about the future of the economic program by Javier Milei and Luis Caputo. This immediately had an impact on the contributions of Argentine assets.

The Argentine actions that quote on Wall Street register strong losses on Monday after the electoral result in the province of Buenos Aires. Among the most beaten are Galicia Financiero Group (Ggal), which sinks 12.72%e YPF, with a 10.15% drop. They also suffer significant setbacks Macro Bank (BMA -9.18%), Edenor (EDN -8.74%), BBVA Argentina (BBAR -7.5%), Black Loma (Loma -7.22%) and Central Puerto (CEPU -6.71%). To a lesser extent, although in negative field, they operate Energy view (view -6.09%), South gas transporter (TGS -5.45%), Supervielle (SUPV -4.87%) and Pampa Energía (PAM -4.37%). Meanwhile, bonds in dollars maintain a negative trend.

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts