Markets: Argentine Stocks and Bonds Fall, with Wall Street Casualties Dragging
5 Articles
5 Articles
The S&P Merval index subtracts 1.3% and ADRs lose up to 6%, while New York indicators yield 0.7%. Public titles lose 0.5% on average
The shares of Argentine companies with ADR on Wall Street registered falls at the beginning of a week marked by uncertainty due to Donald Trump’s tariffs. At the close of the day, the losses claimed 10.32% for Bioceres (BIOX). The performance of the local variable income was accompanied by a red day in the global markets: the Dow Jones, the S&P 500 and the Nasdaq 1000, among other indices, also operated in the downside. Similar scenario for the …
The Merval closed with a fall of 1.38%, reflecting the global uncertainty following Donald Trump's announcement of new tariffs, which also impacted the Argentine ADRs on Wall Street with sharp falls.The official exchange rate rose by 1.94% to $1,264, with peaks of $1,270 and a volume of $459 million, recovering after the US holiday.All regional currencies depreciated against the USD, aligning themselves with the Argentine peso.Wall Street operat…
The shares of Argentine companies that are listed on Wall Street began the week with important falls, in tune with the adverse international context that takes place shortly after overcoming the period of revision of the tariffs imposed by the administration of Donald Trump. The ADRs exhibited decreases that reached exceed 5% already in the afternoon of this Monday, led by Grupo Supervielle (-6%), Grupo Financiero Galicia (-6%), BBVA (-5.07 per …
The S&P Merval lost 1.3% to 2,050.000 points, after raising 1.8% last week The post Fall Argentine equities and bonds, with the declines of Wall Street appeared first on Trade and Justice.
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