The S&P Merval rebounds and on Wall Street a company soars up to 10%

The S&P Merval rebounds and on Wall Street a company soars up to 10%

In the local market, the main increases are those of BBVA (+4.5%), Grupo Supervielle (+4.1%) and Grupo Financiero Galicia (+2.8%).

Argentine News

He S&P Merval rebounds this Wednesday, March 6, after registering your biggest daily drop of the year. Meanwhile, in Wall Streetthe company actions they shoot a fifteen%. This occurs within a framework of selective purchases triggered by investors seeking recompose portfolios Short-term after the sharp decline from the previous session.

In that framework, the stock index rises 1.5%until the 1,007,089.98 points. Thus, in the local squarethe main rises are those of BBVA (+4.5%), Supervielle Group (+4.1%) and Galicia Financial Group (+2.8%). Meanwhile, those that mark greater losses They are those of Transener (-2.6%), Loma Negra (-1.6%) and Edenor (-0.5%).

Argentine shares on Wall Street

Meanwhile, the Argentine shares listed in the New York market operate with most rises. The main advance is that of BBVA (+8.3%); Supervielle Group (+5.7%) and Galicia Financial Group (+4.4%).

He strong advance of BBVA is due to the presentation of his balance of the last quarter of 2023. “He net result adjusted for inflation BBVA Argentina in 4Q23 it was of $48,617 million, 220.8% higher than the profit of $15,153 million in the third quarter of 2023 (3Q23), and 8.7% lower than the profit of $53,249 million of the fourth quarter of 2022 (4Q22).

For their part, the shares of Argentine companies that the more they fall in Wall Street are those of Transener (-2.6%), Black Hill (-1.6%) and Edenor (-0.5%).

Source: Ambito

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