The dollar and the stock market gave good news on the last day of operations before the G20 holidays



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Reflecting the lack of activity on the streets of downtown Buenos Aires, the stock markets and stock exchanges recorded slight increases, while the G20 Leaders Summit had few operations ahead of the holidays. .

With a down 80 cents (-1.84%) from Wednesday's close, the exchange rate closed at $ 38.80 for the sale, always finding a margin to reach the floor of the non-intervention zone governed by the Central Bank. The fall represents the third consecutive day of losses in the currency after the approach to $ 40 Monday set off several alarms in the market.

The retail market and wholesaler (which decreased to $ 37.72) were affected by the cessation of banking activities after 13 hours. The stock market closed with a 1.4% rise in the Merval panel compared to yesterday.

For next Monday, the ceiling of the non-intervention zone will be $ 46.72, while the floor will be located at $ 36.10., after a month of November during which the cumulative increase reached about 5%.

In the reduced activity on the stock market, the results were also positive, with the Merval stock index up 1.5% to reach 31 593 units. At the same time, the panel of the main actions of Bolsas y Mercados Argentinos (ByMA) recorded a rise of 2.8% of the accumulated this week.

The shares of Tenaris were highlighted, with a 4.4% reduction after the announcement of the treatment of its President and Chief Executive Officer, Paolo Roccain the case of bribe notebooks K. Sovereign bonds of the open electronic market (MAE), for their part, displayed price stability over the course of the day, closing just 0.2% during the month, a country risk at 703 basis points.

The other daily benchmark for the market, Letters of Liquidity (Leliq), has seen a drop in their annual rates from 61.198% of Wednesday's auction to 60.753%. Against the maturity of Leliqs on Thursday for $ 145,725 million, the monetary entity managed to absorb a liquidity surplus of about 43,420 million pesos.

In the US, ADR had a good day with widespread increases. Only Telecom (-1.8) and Tenaris (-2.8) were in red. Pampa (+ 5.4%), Banco Galicia and Banco Francés (+ 4.8%) and Edenor (4%) are among the increases.

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