Merval Gains 3.7% as Risk Falls to 599 | Argentina Market Report, Oct 5
19 Articles
19 Articles
After the significant fall in Brazil’s election results yesterday, the indicator developed by JP Morgan today recedes more than 20 units
The Ibovespa advances on Tuesday, giving continuity to the strong rally of the eve, although at a more moderate pace at the beginning of the business. The electoral optimism with the favoritism of Flávio Bolsonaro (PL) sustains the index, while the actions of Petrobras go back and limit the gains of the Brazilian exchange, in the face of the fall of the prices of oil abroad. At 10:40, the Ibovespa rose 0.37%, to 207,673 points, after reaching th…
The S&P Merval rose 3.7%, behind the 8.9% increase in the São Paulo Stock Exchange. Dollar bonds recovered more than 2% on average and the JP Morgan index yielded 599 units. The dollar followed $1,540 in the Banco Nación and the BCRA bought USD 14 million in the market.
In the midst of the ultra-conservative wave in America, the first round of elections places the son of the former president imprisoned as a favorite before Lula
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