Argentine shares rise up to 5% on Wall Street following the announcement of an agreement with the IMF

Argentine shares rise up to 5% on Wall Street following the announcement of an agreement with the IMF

The S&P Merval advances 0.8%, after sinking 4% in the previous round and most of the stocks on the leading panel are trading upward.

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The porteño bag clears initial fall this Wednesday January 10th and bounces. Meanwhile, the Argentine stocks operate with most rises. This happens after the Government announced that it reached a agree with him IMF.

In that context, the S&P Merval advances 0.8%until the 1,069,402.23 points. This happens after sinking 4% in the previous round.

Most of the leading panel actions operate in rise. Those that rise the most are those of Silver Commercial Society (+8.1%), Mirgor (+3.2%) and Southern Gas Carrier (+2.2%). On the other hand, among the few that fall, those that show the greatest losses are those of Telecom (-1%), Pampa Energy (-0.8%) and Northern Gas Carrier (-0.3%).

ADRs on Wall Street

For their part, the Argentine shares on Wall Street operate with most risesin a volatile wheel in which They started off and turned around. Among them, those that mark the greatest progress are those of Edenor (+3.7%), Galicia Financial Group (+3.1%) and IRSA (+2.7%). While those that yield the most are Take off (-0.9%), YPF (-0.5%) and Bioceres (-0.3%).

Source: Ambito

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