The Buenos Aires Stock Exchange closes with a decline of 1.06%

Guardar

Buenos Aires, 15 Mar The S&P Merval index of the shares of leading companies listed on the Buenos Aires Stock Exchange closed Tuesday with a decline of 1.06%, to 84,054.72 points. For its part, the S&P BYMA General Index closed the day at 3,533,598.66 units, with a decrease of 1.01%. The turnover traded in shares totaled 952.8 million pesos (about 8.7 million dollars), with a balance of 23 increases, 31 decreases and 17 unchanged shares in the general panel. Among the leaders, the most advanced stocks were those of Laboratorios Richmond (1.78%), Telecom (1.71%) and Argentine Stock Markets (1.61%). For its part, the roles that fell the most were those of Cresud (-3.19%), Ternium (-2.62%) and YPF (-2.57%). Meanwhile, the average of Argentine public securities yielded an average of 0.5% in their dollar contributions, while Argentina's country risk index rose by 1.16% to 1,828 basis points. In the foreign exchange market, the price of the dollar rose by 25 cents at the state-owned Banco Nación, where it closed at 108.5 pesos for purchase and 114.5 pesos for sale to the public, while in the wholesale market it advanced twelve cents and closed at 109.32 pesos per unit for sale. Meanwhile, the price of the US currency in the informal market remained stable and ended at 200 pesos per unit. Meanwhile, the so-called “financial dollars” closed the day with an upward trend. The dollar “counted on liquidation” (CCL, which consists of buying shares or bonds locally with Argentine pesos and selling them in dollars on Wall Street) rose by 0.38%, to 189.1 pesos per unit. While the “stock market dollar” or “MEP dollar” (which is achieved by buying assets that are traded in both pesos and dollars, paid in pesos when purchased and sold in dollars on the Argentine stock market) rose another 1.26%, to 187.94 pesos per unit. CHIEF jacb/la