Cedears: Argentine companies lead the increases among the most traded papers

Cedears: Argentine companies lead the increases among the most traded papers

For its part, the main drops were led by the Asian giant Alibaba (-1.9%), the technology company Nvidia (+ 1.4%) and Petrobras (-1.1%). Earlier this month, Alibaba Group Holding Ltd restructured its e-commerce business into separate divisions, China on one side and international ones on the other. The company announced that it is looking for new sources of growth after a difficult year.

Regarding the papers with the highest market capitalization, Coca Cola grew 1.4%, Tesla rose 0.3%, and Apple rose 1.1%.

Wall Street

The Dow Jones moved toward an all-time high on Wednesday, driven by retailers Home Depot and Nike, while record daily Covid-19 infections in the United States kept earnings in check amid low liquidity in the final week of the year.

On the other hand, Gold prices fell from a high of more than a month on Wednesday they played in the previous session, as appetite for riskier assets hit bullion confidence.

Initial studies pointing to reduced risk of hospitalization in the Ómicron cases helped investors look beyond travel disruptions and propelled the S&P 500 to record highs this week.

Source From: Ambito

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