In the last two rounds, the stock index had accumulated an advance of 9.7%.
He S&P Merval falls off this Thursday, March 14, by sales online to foreseeable profit taking after a jump of almost 10% in previous rounds due to the flexibility provided in monetary policy by the central bank (BCRA).
In that framework, the BYMA stock index gives up 0.3%, to 1,047,939.97 units. In the last two wheelshad accumulated a advance of 9.7%.
Thus, in the local squarestocks operate with majority of casualties. Those that yield the most are those of Mirgor (-3.5%), Silver Commercial Society (-3.2%) and Edenor (-23%). Meanwhile, those that are making the most progress are those of Northern Gas Carrier (+3.4%), Telecom (+3.3%) and Tranasener (+1%).
Argentine stocks on Wall Street: how they operate this Thursday, March 14
For their part, the Argentine stocks that operated on Wall Street operate down. The ADRs that show the greatest falls are those of Edenor (-3.7%); Central Port (-2.1%); Supervielle Group (-2.1%) and Transportadora Gas(-1.7%). Among the few that rise, the ones that are most appreciated are those of Take off (+2.7%), Telecom (+2.1%) and Free market (+2.1%).
The S&P Merval falls: in what context?
He central bank (BCRA) decided on Monday night to roll back its reference rate at 80%from a previous 100%, and released the floor for fixed-term deposit rates in financial institutions.
Meanwhile, political attention is focused on Senate Chamber where later the legality of a Decree of Necessity and Urgency (DNU) signed by the president Javier Milei shortly after his inauguration in December to deregulate the economy.
While, Aluara leading company in the production of aluminumannounces a offer of Negotiable Obligations (ON) as of March 19, payable in dollars to be subscribed abroad (cable dollar) at a fixed rate, with maturity of three years for a nominal value of up to US$50 millionexpandable by up to a maximum of 100 million, said the brokerage Balanz.
Source: Ambito
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