The S&P Merval index loses 2.94%, to 972,843.26 units, led by the losses recorded in the energy and financial segments.
“In the midst of political and economic doubts, equity investors look for very short-term deals, which determines unstable operations and not very important amounts,” said an operator.
Argentine News
The S&P Merval opened lower on Monday against selective sales triggered by investors seeking to take short profits in the face of marked local and external political and economic uncertainty.
The S&P Merval index loses 2.94%, to 972,843.26 units, led by the losses recorded in the energy and financial segments.
“In the midst of political and economic doubts, equity investors look for very short-term deals, which determines unstable operations and not very important amounts,” said an operator.
The ruling party seeks to agree with governors on a “social pact” which would allow the government to advance with the reforms it considers necessary to clean up the country’s economy, in the midst of high inflation and growing poverty.
Source: Ambito
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