The market remains expectant after the fall of financial dollars and the news after the presentation of the Omnibus Law.
The porteño bag rises this Thursday and rebounds after two consecutive falls for rearrangement of portfolios end of the year. Local stocks were affected by the fall of the financial dollar after Javier Milei launched a law package with economic reforms known as the Omnibus Law.
The S&P Merval index gained 1.5%, to 886,256.60 units, after falling 4.4% the day before due to short profit taking and setting a historical maximum level in pesos of 1,084,545 points two weeks ago.
“Although we are approaching the end of 2023 with a very positive year for Argentine stocks, the last wheels of the day are crossed by the drop in the (alternative) exchange rate. punctually from the CCL (cash with settlement)”said Ayelen Romero of Rava Bursátil.
He S&P Merval accumulates an improvement of 335% so far this year, despite the 7.96% drop recorded in the two previous sessions.
News in development.-
Source: Ambito
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