The stock market has risen again and ADR has jumped 12% on Wall Street



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The indices of the Buenos Aires Stock Exchange Mark important improvements this Tuesday, next to one Sharp drop in country risk and in line with external markets, given the interest shown by institutional investors in the energy and financial sectors, at a time when the country's main badets have improved.

L & # 39; s index S & P Merval of the Buenos Aires Stock Exchange earned 3.1% at 34,527 points, after closing with an improvement of 0.7% the day before.

Among the major increases were the roles of the energy company Pampa, with 6.9%, and banks BBVA Francés and Supervielle, with 6.9 and 9.1%, respectively.

The local market amplifies the trend of foreign stock markets: the stock market São Paulo's improved by 2.6% and Dow Jones Wall Street Industrials, a 0.8 percent.

The ADRs of Argentine companies listed on the New York Stock Exchange have also experienced dollar increases, mainly banking sector, which has increased from 5 to 12%.

Argentine stocks accumulate average gain in pesos of 14% during 2019, while the measures in dollars, they limit the fall to 4% since the beginning of the year.

The public securities in the open electronic market (MAE), they earned on average 1.6 percent. Upward transactions with debt were dominated by "Disc" (2.4%) and depreciable in 2046 (3.7%).

Argentina will celebrate August primary elections and October general elections. Until now, we know the pretext of re-election of Mauricio Macri, from the vice presidency of the former president Cristina Fernández de Kirchnerand the presidential candidacy on the side of Roberto Lavagna, former Minister of the Economy.

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