This Monday, the shares of the leading panel closed with a majority of losses and that was reflected in the main index of the local stock market.
The Argentine stock market he turned around and fell this Monday December 4. This occurred in a financial market that awaits the new economic guidelines from the president-elect, Javier Milei, who will take office next Sunday and points to a sharp cut in the public spending and eliminate the Central Bank (BCRA).
The leading index S&P Merval fell 2.8% before taking profits after accumulating a jump of more than 330% so far this year measured in pesos and more than 60% in dollars.
The leading panel actions closed with drops of up to 6%, led by the role of Macro Bankfollowed by Southern Gas Carrier (-5.7%), Central Port (-5.3%), and Galicia Financial Group (-4.9%). Those that rose the most were: Transener (+6.9%), and Northern Gas Carrier (+3.4%).
Argentine shares on Wall Street
On the other hand, the Shares of Argentine companies on Wall Street closed mixed. The increases were led by Cresud (+1.8%)and Pampa Energía (+1.1%). Meanwhile, those that rose the most were irsa (-3.5%), and Free Market (-3.2%).
Source: Ambito
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