As a reflection of tiny activity that appeared in the streets of Buenos Aires, stock markets and stock markets showed a slight increase in the number of rounds with several operations before the G20 Summit Leaders summit.
S a a decline of 80 cents (-1.84%) compared to the closing of Wednesday, the exchange rate was closed at $ 38.80 for sale, which has still found a reserve to reach the floor of the non-intervention zone controlled by the central bank. Fall represents the third consecutive day of currency loss after approaching $ 40 on Monday triggered several market alarms,
The retail market and the wholesaler (which recorded a decline of USD 37.72) was affected by the cessation of banking activities on the market after 13 hours. The stock exchange closed 1.4% higher than yesterday with an increase in the Merval panel.
Next Monday, the ceiling of the non-intervention zone will be $ 46.72, while the floor will be $ 36.10., after November, when it grew by about 5 percent.
In action limited to the stock market, the results were also positive the Merval stock index rose 1.5% to 31 593 units, At the same time this week the Bolsas y Mercados Argentinos (ByMA) leading stock group rose by 2.8%.
Tenaris's activities were highlighted after the announcement of its President and Chief Executive Officer, Paolo Rocca, in the case of laptops To bribes. Bonds on the Electronic Open Market (MAE) have in the meantime shown price stability over the day, which ended in only 0.2% in the month. and country risk of 703 basis points,
Another daily market benchmark, Liquidity Letters (Leliq), recorded a decline in their annual rates, from 61.198% of the Central European auction to 60.753%. Against Leliqs maturity this Thursday for $ 145.725 million, the cash entity managed to absorb a surplus of liquidity for about 43.420 million pesos.
In the US, the ADR had a good day with a generalized increase. Only Telecom (-1.8) and Tenaris (-2.8) were red. Growth rates were Pampa (+ 5.4%), Banco Galicia and Banco Francés (+ 4.8%) and Edenor (4%).