US EditionArgentina’s Actions on Wall Street Fall Into Premarket After the Government’s Electoral Defeat
7 Articles
7 Articles
Key papers listed on the New York Stock Exchange show downwards; Milei confirmed the continuity of the economic program
In the previous weeks the shares fell to 25% and the bonds in dollars retreated to 4.5%. The result of Buenos Aires deepened the downward trend. The entry Fall Argentine actions on Wall Street after the electoral defeat of the government was first published on Data 24.
The defeat of President Javier Milei in the Buenos Aires legislative elections began to take shape in the financial world and the stock market, this Monday the official dollar operated at $1365 for purchase and $1425 for sale on the screens of Banco Nación (BNA). At the same time, the national shares in the Wall Street stock market fell more than 20 percent. The blue dollar rises to $1400 and the wholesaler closed to $1409, $54 over Friday. Whil…
The currency operated with a $45 raise at Banco Nación. At the beginning of the day, there were banks that offered it to $1470. Argentine papers in New York go down hard and bonds yield 9%.
The defeat of the government in Buenos Aires province activates a wave of sales: Argentine stocks and bonds collapse in the premarket of Wall Street.
The beginning of Monday’s day in the premarket of Wall Street was presented with generalized setbacks for Argentine actions, in a scenario marked by the defeat of the officialism in the Province of Buenos Aires (PBA). According to data from specialized sites, at first hour there is a correction in the main ADRs. Grupo Financiero Galicia (GGAL) leads the losses with a setback of 16%; among the energetic ones, Vista (VIST) drops by 5.9% and the oi…
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