The administration of President Alberto Fernández announced the day before, at the close of the markets, an exceptional help for the less wealthy society in the face of the inflationary jump and summoned referents of the economy to advance in the creation of a business taxwhich must be dealt with by the National Congress.
For his part, Economy Minister Martín Guzmán traveled to the United States to participate in the spring plenary session of the International Monetary Fund (IMF), an organization with which he renegotiated a debt in March for some US$44 billion.
S&P Merval and shares
The S&P Merval stock index of Argentine Stock Exchanges and Markets (BYMA) in Buenos Aires rises 0.8% to 91,981.85 points.
On the leading panel, the biggest raises went to Loma Negra (+2.5%), Pampa Energia (+2.4%), and Telecom (+1.3%). On the other hand, the greatest casualties were for Cresud (-2.7%), Aluar (-1.7%), and Transener (-1.3%).
Meanwhile, Argentine stocks on Wall Street trade with ups and downs. Highlights are the increases in Mercado Libre (+5.9%), Globant (+2.7%) and Pampa Energía (+2%). The largest decreases corresponded to Cresud (-3.9%), YPF (-2%) and Corporación América (-1.6%).
Source: Ambito
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