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The local ADR month is closed month by month: Galicia is the best; You are the worst



They were in a positive terrain The Galician group ADR with a monthly improvement of 20.4%, followed by Loma Negra (+ 18.1%), Edenor (+ 13.4%) and Mercado Libre (+ 8.5%).

Although Major stocks in November were Tenaris with -16.8% and Ternium (-8.9%), where his performances influenced his prosecution of President Paolo Rocca in connection with the so-called notebook book.

At the same time, key Wall Street indices are traded on an increase. The market was released after comments from US sales representative Robert Lighthizer, who claimed it You would be surprised if Saturday dinner between Trump and Xi is "not successful".

Controversial titles on commercial disputes have emerged in markets ahead of the two-day G20 meeting in Argentina.

Merval

The Merval index does not work this week due to holidays hosted by the government in the Buenos Aires area for the G20 summit.

The lead assistant rose by 6.75% in November, ending with the last round of the month, rising 1.1% and staying at 31,482.59 points.

The best performances of the month were met Galicia Group (+ 22.4%), Edenor (+ 18.9%), Banco Francés (+ 13.6%) and Supervielle (12.7%).

On the contrary, the loss was driven Tenaris (-11.2%), Cablevisión (-8%) and Petrobras Brasil (-7.3%).

According to a report prepared by Porfolio Personal Inversiones in November, Merwal's profit margin was 7.4% and 1.9% in dollars.

For the fixed income segment, the Argentinean Capital Market Institute's bond index rose by 1.97% over the month, mainly due to the good performance of coupons linked to GDP growth, which rose to 32.63% in November.

The shares of the Wall Street Argentine corporation have risen predominantly today, on the day when Pampa Energia rose by 8%, followed by Transportadora Gas del Sur (+ 4.67%) and Grupo Supervitel (+ 3.95%).

Regarding the local level, when only one month has passed by the end of 2018, the Merval Index of the Buenos Aires Stock Market increases by 4.71% over the year.

The last eleven months of accrued ratings are driven by Tenaris 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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