The main indices on Wall Street soared sharply after Donald Trump’s victory over Kamala Harris. Thus, the Cedears in the local market register strong increases.
Although there is a bank holiday, operations can be seen in the Buenos Aires stock market that account for the strong increases in Cederas (Argentine Deposit Certificates) product of the rise in the main indices in Wall Street after the victory in the elections of donald trump.
Thus, the Industrial Average Dow Jones up 3%, or more than 1,200 points, leading gains. The benchmark S&P 500 climbs approximately 1.8%, while the Nasdaq Compositewith great technological weight, advances around 2%.
“Today the big winner is Tesla; The stock was flying 13% already in the pre-market. And it has its logic. “Tesla risked everything to accompany the campaign and now the victory of Donald Trump, so the company’s stock today is reaching US$283 at this time in futures,” Ignacio Murúa, Quicktrade analyst, SBS Group.
He also highlighted, as important, that Bitcoin advanced strongly, reaching almost US$75,000, all-time highs. “One has to follow Coinbase-type platforms, which are crypto platforms that tradeand that in the previous one added 11.6% up. The big winners are undoubtedly on that side,” Murúa added.
The five strongest increases within the Cedears
The papers of Coinbasecryptocurrency trading platform, climbed 21.7%, followed by Riot Gamesa video game developer and publisher, with 18.3%, then there is Bitfarmsthe world’s leading Bitcoin mining company, with 15.8% and finally tesla10.8%, Elon Musk’s automaker.
Source: Ambito
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