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Local adverse events concluded the month differently: Galicia is the best; You're the worst


They were installed in a positive field ADRs of the Galicia group with a monthly improvement of 20.4%, followed by Loma Negra (+ 18.1%), Edenor (+ 13.4%) and Mercado Libre (+ 8.5%).

Meanwhile, The biggest drops in November were Tenaris with -16.8% and Ternium (-8.9%), where his actions affected the prosecution of his president, Paolo Rocce, under the so-called reason for notebooks.

Meanwhile, Wall Street's main indices have been rising. The markets were exempted from the comments of the US commercial representative Robert Lighthouse, who stated this You would be surprised if the Saturday dinner between Trump and Xi is "not successful".

The opposite addresses on the commercial dispute were shaken by the markets ahead of the two-day G-20 meeting in Argentina.


The Merval index does not work on Friday due to holidays set by the national government for the Buenos Aires area to organize the G20 summit.

The leading panel recorded an improvement of 6.75% in November, with the final calendar of the month closing with a 1.1% increase and staying at 31,482.59 points.

The best performances of the month correspond to the roles The Galicia group (+ 22.4%), Edenor (+ 18.9%), Banco Frances (+ 13.6%) and Supervielle (12.7%).

On the contrary, the victims were led Tenaris (-11.2%), Cablevisión (-8%) and Petrobras Brasil (-7.3%).

According to a report prepared by Porfolio Personal Inversiones, November earned 7.4% and 1.9% of dollars in dollars in Merval.

Regarding the segment of fixed income, the bond index prepared by the Argentine Capital Market Institute recorded an improvement of 1.97% in the month, mainly due to the good performance of coupons linked to the development of GDP, which in November recorded an increase of up to 32 , 63%.

On Wall Street, the shares of Argentinian companies rose today mostly on the day that the 8% increase in Pampa Energía rose, followed by Transportadora Gas del Sur (+ 4.67%) and Grupo Supervielle (+ 3.95 %).

According to the local level, when it was hardly a month left until the end of 2018, the Mervala index on the stock market of Buenos Aires increased by 4.71% during the year.

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

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