Thursday , November 21 2019
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The local ADR closes the moon differently: Galicia is the best; You have the worst

In the positive field, they are ADRs from Galicia Group with a monthly increase of 20.4%, followed by Loma Negra (+ 18.1%), Edenor (+ 13.4%), and Mercado Libre (+ 8.5%).

While the biggest decrease that accumulated in November was Tenaris with -16.8% and Ternium (-8.9%), where his appearance was influenced by the prosecution of his president Paolo Rocca in a framework called the cause of the notebook.

Meanwhile, the main Wall Street index traded with gains. The market was relieved after comments from US trade representative Robert Lighthizer stated it You'd be surprised if Saturday and Trump's dinner "didn't work".

Contradictory headlines about commercial disputes have rocked the market before the two-day G-20 meeting in Argentina.


The Merval Index does not operate this Friday because of the holidays set by the national government for the area of ​​the City of Buenos Aires for the holding of the G20 Presidential Summit.

The leading panel accumulated a 6.75% increase in November, closing the last round of the month with a 1.1% increase and remaining at 31,482.59 points.

This month's best performances relate to roles Galicia Group (+ 22.4%), Edenor (+ 18.9%), Banco Francés (+ 13.6%) and Supervielle (12.7%).

Instead, the victim is guided by Tenaris (-11.2%), Cablevisión (-8%) and Petrobras Brasil (-7.3%).

According to a report compiled by the Inversiones Personal portfolio, in November the Merval results left a peso increase of 7.4% and 1.9% in dollars.

In relation to the fixed income segment, the bond index prepared by Argentina Capital Markets Institute accumulated an increase of 1.97% in a month, which was basically driven by the good performance of coupons related to the evolution of GDP. , which marked an increase of up to 32.63% in November.

On Wall Street, shares of Argentine companies rose mostly today, on one day where an 8% increase in Pampa Energía stood out, followed by Transportadora Gas del Sur (+ 4.67%) and Grupo Supervielle (+ 3.95%).

With regard to the local level, when there is almost one month left until the end of 2018, the Buenos Aires stock market Merval index accumulates a 4.71% increase throughout the year.

In the accumulation of the past eleven months, the ratings were led by Tenaris, with an increase of 61.05%, followed by Transportadora Gas del Sur (+ 46.03%), Aluar (+ 41.98%) and YPF (+ 34.48%) .

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