The stock index is on track to close November with a rise of 33.2%.
He S&P Merval marks slight drop this Thursday, but it is on track to close November with a rise of more than 30%. This took place in a month marked by the presidential runoff, in which he was elected Javier Milei and the
In this framework, the stock index falls 0.3%until the 788,154.86 points. That way, It is on track to close November with an increase of 33.2%.
The leading panel actions they operate mixed. Those with the highest profits are Aluar (+3.9%), Ternium (+2.8%), BBVA (+1.6%) and Central Port (+0.9%). Meanwhile, those that decrease the most are Galicia Bank (-2.9%), Supervielle Bank (-2.9%), Macro Bank (-2.6%) and YPF (-1.8%).
The Buenos Aires stock market is heading for a monthly rise: In what context?
In the runoff on November 19 Javier Milei He was elected president and in recent weeks he has been defining the names of the officials who will be part of his Government. The last one confirmed was Luis “Toto” Caputo as Minister of Economy starting December 10.
In that context, the stocks and bonds from Argentina operated with strong ups and downs during Novemberbetween rising economic expectations days before the inauguration of the president-elect, Javier Milei.
The reference of Freedom Advances (LLA) landed on Wednesday from its trip to USA where held meetings with senior officials in Washingtonwhile his economic team met with leaders of the International Monetary Fund (IMF).
This Wednesday, the president-elect considered that after the spending adjustment that foresees the country entering a period of “stagflation”while considering that expects to end inflation in a period of between 18 to 24 months.
Argentine shares on Wall Street: how they operated
Meanwhile, the shares of Argentine companies that listed on Wall Street They operate with a majority of casualties. Among those that decrease the most are Edenor (-3%), Gas Carrier (-2.7%) and YPF (-2.2%). Those that rise the most are Cresud and Black Hill (+1.2%) and irsa (+0.4%).
Source: Ambito
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