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Buenos Aires stock exchange closes 1.86% higher
🇵🇾 Paraguay /Economy & Trade

Buenos Aires stock exchange closes 1.86% higher

From ABC Color · () Spanish

Translated from Spanish and summarized by DistantNews. Read the original for the full story.

At a glance

Newswire From a news agency Context piece
  • The S&P Merval index gained 1.86% to close at 3,106,215.76 points, with all leading shares ending higher.
  • Cresud and Edenor posted the strongest gains, each rising 4.3%, while the S&P BYMA general index advanced 1.99%.
  • Argentina’s country risk fell to 500 basis points, and exchange rates showed mixed movements across official, parallel and financial markets.

Argentina’s leading stock index rose 1.86% on Wednesday, closing at 3,106,215.76 points. The broader S&P BYMA index gained 1.99% to reach 134,375,158.23 points.

All leading shares finished in positive territory. Cresud and Edenor recorded the biggest increases, both rising 4.3%.

Sovereign dollar bonds traded unevenly, while Argentina’s country-risk index fell to 500 basis points. The official Banco Nación retail dollar remained at 1,535 pesos for sale. In the wholesale market, the currency slipped to 1,510.50 pesos.

The informal blue-dollar rate fell by 5 pesos to 1,540 pesos for sale. The contado con liquidación rate declined 0.4% to 1,588.97 pesos, while the MEP dollar rose 0.1% to 1,534.30 pesos.

About this summary

Originally published by ABC Color in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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