ADR stole up to 8% on Wall Street

The Buenos Aires Stock Exchange did not have activity because of Independence Day, but the shares of Argentine companies listed on Wall Street have seen a strong upward trend.

The ADRs of local companies traded in the US market recorded gains of between 4% and 8%.

The paper that had the best performance was the one corresponding to the Edenor electrical distributor, with an increase of 8.01%.

The following performances also had exceptional performances: Pampa Energía, with 7.35%: Banco Macro with 4.2%; Banco Francés with 4.23%, YPF with 3.95% and TGS with 3.91%.

Other papers with good results were: Tenaris (2.76%), Ternium (2.75%), Petrobras Argentina (2.59%), Supervielle Group (2.28%), Telecom (2.16%) %), Cresud (1.98%), IRSA Investments (1.15%) and Banco Galicia (0.78%).

In negative territory, they ended: the ADRs of Mercado Libre, which yielded 1%, and those of the IRSA, commercial properties, which fell by 0.66%.