FOREX TradingCharts.com

Financial News: ARGENTINA: Merval Closes Slightly Lower On Friday

ARGENTINA: Merval Closes Slightly Lower On Friday

01/28/2018 - 15:51:00 (RTTNews)

(RTTNews) - Merval, the main index of the Buenos Aires Stock Exchange, recorded a subtle drop (-0.04%), closing at 35,126.22 Friday and ending the week with some profit-taking after three days of consecutive increases. During the week, it accumulated gains of 4.54%.

"The most important fact of the week that ended is that the trading volume managed to stay above 1 billion pesos. That was a direct consequence of greater foreign investors participation in the local market. They seek to anticipate the category change of our market," said Eduardo Fernández, an analyst at Rava Bursátil.

The locally traded U.S. dollar fell 0.05%, quoted at 19.57 Argentinean pesos, after reaching the historical high of 19.65 pesos on Wednesday.

"The foreign exchange market is assimilating the new value of the currency, since, although at times they saw on screen offers of volumes of up to US$ 50 million to buy, and about US$ 25 million to sell at other times, only the needs of their obligations were agreed upon in the banks, without taking any positions that were not necessary," said Fernando Izzo, an analyst at ABC Mercado de Cambios.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2018 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Portugal Inflation Slows For Second Month (12 hr(s), 24 min(s), 51 sec(s) ago)
(RTTNews) - Portugal's consumer price inflation eased for the second straight month in January ...Full Story»

Latvia Inflation At 14-Month Low (12 hr(s), 36 min(s), 51 sec(s) ago)
(RTTNews) - Latvia's consumer price inflation eased for the fifth successive month in January ...Full Story»

OECD Unemployment Rate Falls In December (12 hr(s), 37 min(s), 51 sec(s) ago)
(RTTNews) - The unemployment rate in the Organization for Economic Cooperation and Development are ...Full Story»

China's Bank Lending At Record High (13 hr(s), 06 min(s), 51 sec(s) ago)
(RTTNews) - China's banks lent a record amount of new yuan loans in January, data from the Peo ...Full Story»

UK January Household Spending Fall First In 5 Years: Visa Survey (14 hr(s), 41 min(s), 51 sec(s) ago)
(RTTNews) - UK household spending declined at the start of the year, which was the first January d ...Full Story»

Swiss Inflation Slows In January (15 hr(s), 28 min(s), 51 sec(s) ago)
(RTTNews) - Switzerland's consumer price inflation slowed in January, data from the Federal St ...Full Story»

Singapore Visitor Arrivals, Tourism Receipts Hit Record Highs In 2017 (15 hr(s), 39 min(s), 51 sec(s) ago)
(RTTNews) - Singapore's both tourism receipts and visitor arrivals attained record highs for t ...Full Story»

Romania Industrial Production Grows Sharply In December (16 hr(s), 28 min(s), 51 sec(s) ago)
(RTTNews) - Romania's industrial production expanded markedly at the end of the year, mainly d ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Portugal Inflation Slows For Second Month

02/12/2018 - 06:39 AM (RTTNews)
(RTTNews) - Portugal's consumer price inflation eased for the second straight month in January ...Full Story>>

Latvia Inflation At 14-Month Low

02/12/2018 - 06:27 AM (RTTNews)
(RTTNews) - Latvia's consumer price inflation eased for the fifth successive month in January ...Full Story>>

OECD Unemployment Rate Falls In December

02/12/2018 - 06:26 AM (RTTNews)
(RTTNews) - The unemployment rate in the Organization for Economic Cooperation and Development are ...Full Story>>

China's Bank Lending At Record High

02/12/2018 - 05:57 AM (RTTNews)
(RTTNews) - China's banks lent a record amount of new yuan loans in January, data from the Peo ...Full Story>>

UK January Household Spending Fall First In 5 Years: Visa Survey

02/12/2018 - 04:22 AM (RTTNews)
(RTTNews) - UK household spending declined at the start of the year, which was the first January d ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.