The S&P Merval index advances 0.2%, to 1,035,165.39 units, after recording its intraday record of 1,125,924.07 basis points during last week.
The bag Argentina rises this Monday, January 15 for selective purchases before the holiday in the United Statesin commemoration of the death of Martin Luther King and which removes references given the Wall Street inactivity. Likewise, on the day, President Javier Milei’s trip to the Davos summit was approved.
That trip and the treatment of the “Omnibus Law” for economic reforms in the national Congress concentrate the attention of the new financial week in Argentina.
He S&P Merval index advances 0.2%, to 1,035,165.39 unitsafter scoring its intraday record of 1,125,924.07 basis points during the past week.
A market that rises in pesos
The main increases are for Cresud (3.25%); Transener (3.6%) and Northern Gas Carrier (23%).
On the other hand, the most marked drop is for Mirgor (-2%), Byma (1.2%) and Black Hill (1.2%).
“Naturally, The shares rise because they are quoted in pesos, because since there is no business in dollars (in the United States) the market is used to arbitrate“explained a local financial analyst.
The trip of the new president Javier Milei to the Davos summit, and the treatment of the “Omnibus Law” for economic reforms in the national Congress, concentrate the attention of the new financial week in Argentina.
Source: Ambito
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