The stock market has an upward trend this Thursday as a result of a greater search for coverage in the face of worrying economic data, which was published yesterday.
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.
Source: Ambito
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