The Argentine stock market It operates upwards this Thursday due to purchases in search of coverage against strong inflation and a possible devaluation. And this Wednesday, September 13, the information about price increase last month, which was 12.4%. Likewise, the data on the forecasts of the Survey of Market Expectations (REM) was known.
The index S&P Merval It rises 2.27%, to 565,989.89 units and is on its way to completing the third day of increases, after rising almost 7.5% in the two previous sessions.
The Actions They are almost all green. They climb up to 4.06% this Thursday, led by Edenor; followed by BBVAwith an increase of $4.04 and Trenium, which rises 3.67%. Meanwhile, those that fall are BYMA, which loses 1.43% and Loma Negra (-0.35%).
This is in reaction to the strong August inflationwhich was mainly driven by a devaluation of the peso, and is the worst figure for the consumer price index (CPI) since February 1991 and a level worse than expected by private analysts.
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