In the leading panel, the index S&P Merval rises 2.1%, to a record of 1,147,442.91 points, after jumping 6.3% on Wednesday.
The porteño bag continues its upward trend this Thursday, January 18 and is located at intraday all-time high levels. The trend for the renewed purchase of positions, in line with the current coverage due to a strong inflation and constant devaluation.
In the leading panel, the index S&P Merval rises 2.1%, to a record of 1,147,442.91 points, after jumping 6.3% on Wednesday led by bank papers. The stocks that rise the most are Edenor (+5.1%); BBVA Bank (+4.1%); Central Port (+3.6%) and Northern Gas Transportation (+2.8%). The only one that falls is Mirgor (-1%).
The Argentine investors they try to cover themselves from the strong inflation, which in all of 2023 marked a peak of 221.4% and became the highest index in the region. Furthermore, in the previous round it was known that wholesale prices in the same period of time rose 276.4%, which leaves a complex scenario for the first month of the year.
In turn, the president Javier Milei On Wednesday he appeared at the Davos Forum, where he presented his ideas of freedom and pointed out against socialism.
ADRs on Wall Street: how much does it trade at this Thursday, January 18
Argentine stocks fall up to 1.6% led by Take offfollowed by Galicia Financial Group (-1.5%); Supervielle Bank (-1.5%); Gas Transportation (-1.1%) and Black Hill (-1.1%). The only ones that go up are Edenor (+4.5%); Free market (+1.8%); Central Port (+0.3%) and Telecom (+0.2%).
Source: Ambito
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