The local stock market did not operate this Thursday, April 6, due to the Easter holiday. However, the shares listed on the New York Stock Exchange closed with most falls and some registered losses of up to 2.7%.
The World stock markets closed higher on Thursday and US Treasury yields hovered around multi-month lows as traders awaited crucial employment data in the world’s largest economy that could add to growing concerns about a global economic slowdown.
Equity investors avoided making big bets ahead of the Good Friday holiday, when the monthly report on stocks will be released. nonfarm payrolls in the United States, the MSCI index of world stocks was flat.
In this context, most of the ADRs of Argentine firms closed lower on Wall Street. Losses were led by YPF, with a fall of 2.7%, followed by Despegar (-2.4%), Transportadora Gas del Sur (-2.3%) and Grupo Supervielle (-2.2%).
The shares of only four companies closed higher, led by Telecom (5.7%), Central Puerto (2.5%), Edenor (1%) and Adecoagro (0.3%).
On Wednesday the Government announced a special exchange regime to strengthen the reserves of the central bank. In summary, it launched a new edition of the Export Incentive Program, known as the soybean dollar or agricultural dollar, which will offer $300 for every dollar obtained from the export of oilseeds and their derivatives and some products from regional economies that will be detailed. in the coming days but that already have the support of the peanut, corn, wine, fishing, and tobacco chambers, among others.
Source: Ambito
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