The S&P Merval resumes its rise, hand in hand with the energy sector

The S&P Merval resumes its rise, hand in hand with the energy sector

The leading index S&P Merval of Buenos Aires gained 0.5%. On the other hand, bonds today fall in line with the international context and the country risk exceeds 1,300 points.

The leading index S&P Merval of Buenos Aires gained 0.5% to 1,239,0458 units, at 11:05 local time (1405 GMT), against a retraction of 1.54% on Wednesday amid profit-taking.

Argentine News

The Buenos Aires stock market showed an upward trend on Thursday with its opening based on purchases commanded by papers in the energy sectorat times of a firm increase in public rates.

The leading index S&P Merval of Buenos Aires gained 0.5% to 1,239,0458 units, at 11:05 local time (1405 GMT), against a retraction of 1.54% on Wednesday amid profit-taking.

Latin American oil and gas producer GeoPark announced that it had submitted a binding offer to acquire from an anonymous seller an unoperated interest in unconventional blocks in the Patagonian Neuquén basin.

As for the bonuses, fall up to 3% and the risk country rises to 1,313.

Source: Ambito

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