2) Exxons (+15.6%)
3) Tenaris (+14.6%)
4) Citigroup (+13.3%)
5) View Oil&Gas (+9.9%)
The ones that fell the most
1) Free Market (-17.6%)
2) Twitter (-17.2%)
3) Walmart (-13.9%)
4) Globant (-11.5%)
5) Barrick Gold (-6.3%)
Maximiliano Donzelli, Head of Research at IOLassured that “under this challenging scenario for the stock market, we have had some Cedears that stood out above the rest during May, for registering a strong rebound after the falls in April. First of all, we highlight the case of the semiconductor manufacturer , AMD, which closed May with a rise of 21.6%“.
And he expanded his analysis: “In second place, the Banco Bradesco (BBD), with an appreciation of 19.1% which responds to the rebound experienced by a large number of Brazilian assets during 2022, after what had been a forgettable 2021 in Brazilian equities”.
Thirdly, he highlighted the US oil company’s Cedear, Exxon Mobil (XOM), which rose more than 15% in May“explained in part by the impressive rally that companies in the energy sector had during 2022, mainly benefiting from the spike in crude oil prices due to the start of the war between Russia and Ukraine.”
Source: Ambito
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