S&P Merval and ADRs
S&P Merval BYMA lost 2.61% to 140,874.16 points, pushed by companies in the energy sector and in line with the main global stock markets.
The directory of International Monetary Fund (IMF) approved on Friday the second revision of the economic program, for which it releases an outlay of 3,800 million dollars, at a time when Argentine analysts forecast an inflation of 100.3% by 2022. This week the inflation rate that will be due will be known. above 7%, according to market estimates.
For their part, Argentine stocks operating on Wall Street fell up to 3%, led by Mercado Libre, Edenor (-2.3%) and Banco Superville (-2.2%). The only increases of up to 1% belong to Loma Negra, Corporación América (0.6%), Grupo Financiero Galicia (0.5%) and Telecom Argentina (0.2%).
Source: Ambito

David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.