Macroeconomy/Finance

S&P Merval up 2.2%

The S&P Merval index of the Buenos Aires Stock Exchange closed on Monday with a rise of 2.2% to 30,535.73 units thanks to the boost of the Liquidation Counted Dollar (CCL), which climbed almost 3% amid the dollarization of portfolios because of an accelerated monetary expansion to finance the aid for the coronavirus. Sovereign bonds closed with an average improvement of 2%, led by more liquid dollar issues.

Source: Ámbito

Categories: Macroeconomy/Finance