FOREX TradingCharts.com

Financial News: ARGENTINA: Merval Rises 1.30%, Closes At Record High

ARGENTINA: Merval Rises 1.30%, Closes At Record High

09/05/2017 - 21:38:00 (RTTNews)

(RTTNews) - Merval, the main index of the Buenos Aires Stock Exchange, closed at a record high on Tuesday, breaking the 24,000 points barrier. It was primarily driven by the rise in oil prices abroad and the continuing optimism among investors ahead of the upcoming October legislative elections.

The Merval index rose 1.30%, to 24,016.09 points. According to Marcos Forquera, an analyst at Buenos Aires Valores, the index closed in new historical values in a continuity of the optimism perceived since August's primary elections.

The shares of Tenaris (+4%), Telecom (+3.74%), Petrobras (+2.85%), Comercial del Plata (+2.75%), Francés (+2.42%), Galicia (+2.35%), and TGN (+1.23%) rose, while Holcim (-1.35%), Consultatio (-1.20%), and Agrometal (-0.76%) fell.

According to Forquera, the recent stability in the greenback stability also helped the stock markets by attracting more investments to Argentina. The locally traded U.S. dollar rose 0.23%, at 17.24 Argentinean pesos.

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


COLOMBIA: Colcap Falls 0.23% On Increased Risk Aversion (50 min(s), 23 sec(s) ago)
(RTTNews) - Colcap, the main index of the Colombian Stock Exchange, fell 0.23% Monday, closing at ...Full Story»

ECOPETROL: Company Signs Contract With Petronas For Exploration In Mexico (01 hr(s), 01 min(s), 23 sec(s) ago)
(RTTNews) - Colombia's state-owned oil company Ecopetrol president Felipe Bayón signed in Mex ...Full Story»

VENEZUELA: Foreign Ministers Reaffirm Lima Declaration (01 hr(s), 15 min(s), 23 sec(s) ago)
(RTTNews) - The Foreign Ministers of Argentina, Brazil, Canada, Chile, Colombia, Costa Rica, Guate ...Full Story»

Japan Producer Prices Rise 0.8% In August (01 hr(s), 22 min(s), 23 sec(s) ago)
(RTTNews) - Producer Prices in Japan were up 0.8 percent on year in August, the Bank of Japan said ...Full Story»

VENEZUELA: Country Rejects Travel Ban Decreed By Donald Trump (03 hr(s), 03 min(s), 23 sec(s) ago)
(RTTNews) - The Venezuelan government rejected U.S. President Donald Trump's decision to impos ...Full Story»

New Zealand August Trade Deficit NZ$1.235 Billion (03 hr(s), 02 min(s), 23 sec(s) ago)
(RTTNews) - New Zealand posted a merchandise trade deficit of NZ$1.235 billion in August, Statisti ...Full Story»

Pacific Alliance: Bloc Discuss Work Plan With Asean (03 hr(s), 21 min(s), 23 sec(s) ago)
(RTTNews) - The Pacific Alliance countries' ministers of Foreign Affairs and Foreign Trade dis ...Full Story»

New Zealand Has NZ$1.235 Billion Trade Deficit In August (03 hr(s), 32 min(s), 23 sec(s) ago)
(RTTNews) - New Zealand had a merchandise trade deficit of NZ$1.235 billion in August, Statistics ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

COLOMBIA: Colcap Falls 0.23% On Increased Risk Aversion

09/25/2017 - 20:58 PM (RTTNews)
(RTTNews) - Colcap, the main index of the Colombian Stock Exchange, fell 0.23% Monday, closing at ...Full Story>>

ECOPETROL: Company Signs Contract With Petronas For Exploration In Mexico

09/25/2017 - 20:47 PM (RTTNews)
(RTTNews) - Colombia's state-owned oil company Ecopetrol president Felipe Bayón signed in Mex ...Full Story>>

VENEZUELA: Foreign Ministers Reaffirm Lima Declaration

09/25/2017 - 20:33 PM (RTTNews)
(RTTNews) - The Foreign Ministers of Argentina, Brazil, Canada, Chile, Colombia, Costa Rica, Guate ...Full Story>>

Japan Producer Prices Rise 0.8% In August

09/25/2017 - 20:26 PM (RTTNews)
(RTTNews) - Producer Prices in Japan were up 0.8 percent on year in August, the Bank of Japan said ...Full Story>>

New Zealand August Trade Deficit NZ$1.235 Billion

09/25/2017 - 18:46 PM (RTTNews)
(RTTNews) - New Zealand posted a merchandise trade deficit of NZ$1.235 billion in August, Statisti ...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.