Argentine Stock Market News: BYMA and S&P Merval Advance, Wall Street Banks Lead

2024-01-25 20:26:15

The local stock market advances 2.6% in pesos, and 4.5% in dollars. On Wall Street, banks lead the advances of Argentine stocks.

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The leading index of Argentine Stock Exchange and Markets (BYMA), the S&P Mervalextends the rise that began this Wednesday after an abrupt fall on Tuesday in which it cut the streak bullish trend that held for six sessions in a row. Although the market remains attentive to what happens in Congress regarding the economic plan it proposes, Javier Miley.

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Strictly speaking, the local stock market it advances 2.6% in pesos, and 4.5% in dollars. Thus, the local actions those that rise the most are: BBVA bank (+5%); Galicia Financial Group (+5%); y Supervielle Group (+4.8%). Only the papers of Edenor (-0,1%).

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Argentine shares on Wall Street

For their part, the Argentine papers listed on the New York Stock Exchange (NYSE) present the majority of gains, led by the ADR of Supermuch (+8,2%); BBVA Bank (+7,9%); Banco Macro (+7%); y Galicia Financial Group (+6,5%).

Among the casualties are the assets of Free market (-1,7%); Bunge (-0,7%); Ternium (-0,3%); y They are gloating (-0,2%).

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