Cedears: sharp decline in the energy sector to almost 9%

Cedears: sharp decline in the energy sector to almost 9%

Finally the Cedears They closed with general declines, affected by the fall of the CCL dollar. The “liquid cash” -operated with the Global 2030 bond- sank $4.93 (-2.5%) to $193.74, its lowest value in 4 months.

The main decreases corresponded to Exxon (-8.8%), the mining company Vale (-6.9%) and Vista Oil&Gas (-6.6%). For their part, the largest increases were Banco Bradesco (+4.6%), the steel producer US Steel (+2.2%) and Nvidia (+2.6%).

Regarding the Cedears ETF, the XLE that responds to the energy sector fell 6.2%and the innovation index, the ARKK, was the only one that grew (+1.2%). $5,269 million in variable income were traded, of which 72%, $3,815 million, corresponded to Cedears.

This day the barrel of oil fell sharply. Brent fell 11.8% to US$112.88, while WTI fell 10.7% to US$110.38, after hitting highs in more than a decade.

Also, this Wednesday, the gold also lost. The spot metal fell 3.2% and stood at US$1,9867.66 per ounce. Thus, a series of four sessions was cut short with advances that took it to an all-time high.

On Wall Street, the Dow Jones industrials rose 2%, while the S&P 500 grew 2.46%, and the Nasdaq technology rose 3.6%.

Source: Ambito

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