In relation to the papers with the highest market share, Coca Cola rose 0.7%, Apple grew 0.4% and Mercado Libre rose 4.9%.
The rise of the e-commerce giant is due to the announcement this Thursday of the 85% year-on-year growth in its revenues in dollars, and net profits of 15 million dollars in the third quarter of the year which contributed to the skyrocketing of the prices of their papers.
Among the most operated Cedears, the main losses were the pharmaceutical company Merck Sharp and Dohme (-8.4%), Zoom (-6.7%) and Alibaba (-3.3%). Merck’s shares on the New York Stock Exchange fell by 9.9%, weighing on the S&P health sector. What happened is that the pharmaceutical company, like Pfizer, developed an antiviral pill but, in this case, the effectiveness in preventing deaths from Covid-19 reached only 50%.
The volume traded at Cedears during the day grew 3% to $ 4,156, which represented 63% of that traded in equities.
As long as on Wall Street major indices closed at record highs on Friday and posted solid weekly gains, following good employment data in the United States and positive data on Pfizer’s experimental pill against Covid-19.
According to preliminary closing data, the S&P 500 gained 16.34 points, or 0.35%, to 4,696.40, while the Nasdaq Composite rose 26.72 points, or 0.17%, to 15,967.02. units. The Dow Jones Industrial Average advanced 197.25 points, or 0.55%, to 36,321.48 units.
Travel stocks rose after Pfizer’s announcement, with the S&P 1500 airline index rising and cruise operators Carnival Corp, Royal Caribbean Cruises and Norwegian Cruise also taking advantage of the bullish streak.
Source From: Ambito
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