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In the middle of the local holiday, Argentine ADRs sink more than 6% on Wall Street

In the middle of the local holiday, Argentine ADRs sink more than 6% on Wall Street
In the middle of the local holiday, Argentine ADRs sink more than 6% on Wall Street

After the opening of the New York market after the holiday on Wednesday, the Argentine shares listed in that market are dyed red with some marginal increases for some companies.

Meanwhile, the country risk remains above 1,380 units this holiday Thursday and is close to 1,390.

In a session marked by the beginning of the XL weekend and for which there are no operations in the local square, ADRs of Argentine companies that are listed in Wall Street They mark downward paths after the holiday in the United States that was celebrated on Wednesday.

In this context and after the opening of the market in the United States, the papers of Argentine companies deepen the red by up to 6.3% with banking securities leading the cuts. He BBVA yields (6.3%); Macro Bank (-5.2%); Financial group Galicia (-4.6%); Telecom Argentina (-3.9%); Pampa Energy (-3.3%) and Supervielle (-3.1%). The increases while it is for Ternium (1%).

It is worth remembering that andThe leading index S&P Merval closed with a rise of 1.2% to 1,576,462.370 unitsafter giving up a 1.6% in the previous session before selective profit taking. The biggest increases were led by the shares of Transener (+5.7%); Southern Gas Carrier (+3.6%) and Silver Commercial Society (+2.9%). For its part, the only paper that dropped was BYMA (-0.5%).

Meanwhile, the country risk remains above 1,380 units this holiday Thursday and is close to 1,390.

News in development.-

Source: Ambito

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