FOREX TradingCharts.com

Financial News: ARGENTINA: Merval Falls To Lowest Level In Three

ARGENTINA: Merval Falls To Lowest Level In Three Weeks

12/05/2017 - 19:03:00 (RTTNews)

(RTTNews) - Merval, the main index of the Buenos Aires Stock Exchange, gave up on early gains and ended 1.20% down at 26,509.81 points Tueday, reaching its lowest level in three weeks.

Daniel Mackintosh, an analyst at R. Mackintosh, noted that the stock market trading volume is still low and that the government struggles to move ahead with reforms in the Congress as the year-end nears.

He also noted that investors are abandoning stocks and the U.S. dollar to invest in the central bank notes, which carries a high return.

Meanwhile, Grupo Financiero Galicia (+0.44%) reported that the Argentinean Central Bank authorized the sale of its minority stake in Compañía Financiera Argentina S.A. (CFA) to Julio Alfredo Fraomeni and Galeno Capital S.A.U.

The shares of PGR (-6.55%), Transener (-3.50%), Boldt (-3.48%), and YPF (-3.43%) fell, while Banco Francés (+1.54%), TGS (+1.44%), and Macro (+1.10%) rose.

The locally traded U.S. dollar fell 0.37%, closing at 17.29 Argentinean pesos. The greenback receded due to higher supply while investors bet on the high yield of Lebacs, said Fernando Izzo, an analyst at ABC Mercado de Cambios.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Malaysia Industrial Production Growth Eases More Than Forecast (25 min(s), 14 sec(s) ago)
(RTTNews) - Malaysia's industrial production growth eased at a faster-than-expected pace in Oc ...Full Story»

Australia Q3 House Prices Ease 0.2% On Quarter (03 hr(s), 0 min(s),14 sec(s) ago)
(RTTNews) - Residential property prices in Australia fell 0.2 percent on quarter in the third quar ...Full Story»

Australia Business Confidence Ebbs In November - NAB (03 hr(s), 50 min(s), 14 sec(s) ago)
(RTTNews) - Consumer confidence in Australia slowed in November, the latest survey from National A ...Full Story»

Australia House Prices Slip 0.2% On Quarter In Q3 (04 hr(s), 0 min(s),14 sec(s) ago)
(RTTNews) - Residential property prices in Australia were down 0.2 percent on quarter in the third ...Full Story»

Japan Producer Prices Rise 0.4% In November (04 hr(s), 30 min(s), 14 sec(s) ago)
(RTTNews) - Producer prices in Japan were up 0.4 percent on month in November, the Bank of Japan s ...Full Story»

ARGENTINA: Rating Upgrade Reflects Reforms, Economic Improvement - Moody's (05 hr(s), 37 min(s), 14 sec(s) ago)
(RTTNews) - Moody's recent rating upgrade of Argentina, to B2 from B3, reflects the Mauricio M ...Full Story»

COLOMBIA: Colcap Rises 1.17% As Ecopetrol Climbs 5.06% (05 hr(s), 42 min(s), 14 sec(s) ago)
(RTTNews) - Colcap, the main index of the Colombian Stock Exchange, was rising 1.17% at 1,466.37 p ...Full Story»

ARGENTINA: Merval Tracks ADRs And Rises 1.72% After Friday Holiday (06 hr(s), 03 min(s), 14 sec(s) ago)
(RTTNews) - Merval, the main index of the Buenos Aires Stock Exchange, closed up 1.72% at 27,304.3 ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Malaysia Industrial Production Growth Eases More Than Forecast

12/11/2017 - 23:22 PM (RTTNews)
(RTTNews) - Malaysia's industrial production growth eased at a faster-than-expected pace in Oc ...Full Story>>

Australia Q3 House Prices Ease 0.2% On Quarter

12/11/2017 - 20:47 PM (RTTNews)
(RTTNews) - Residential property prices in Australia fell 0.2 percent on quarter in the third quar ...Full Story>>

Australia Business Confidence Ebbs In November - NAB

12/11/2017 - 19:57 PM (RTTNews)
(RTTNews) - Consumer confidence in Australia slowed in November, the latest survey from National A ...Full Story>>

Australia House Prices Slip 0.2% On Quarter In Q3

12/11/2017 - 19:47 PM (RTTNews)
(RTTNews) - Residential property prices in Australia were down 0.2 percent on quarter in the third ...Full Story>>

Japan Producer Prices Rise 0.4% In November

12/11/2017 - 19:17 PM (RTTNews)
(RTTNews) - Producer prices in Japan were up 0.4 percent on month in November, the Bank of Japan s ...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.