Crashing fall of the Merval, which collapses to almost 14%

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A new black day takes place in the markets and worries the Government. The leading actions of the Buenos Aires Stock Exchange registered a large drop of 13.7%, dragged by the actions of energy companies and banks.

The S&P MerVal indicator registers a 12.17% drop, and stands at 22,587 points. The amount traded in shares rose to 190.2 million pesos and the balance of the wheel threw 47 papers in low, 15 in rise and 9 without changes.

YPF's papers lost 14.8%, those of Macro bank 15%, those of Grupo Financiero Galicia 8.58% and those of Aluar, 5.4%, among others.

The weakness of Wall Street also played against local stock businesses, taking into account that Monday was a holiday in the US financial plaza.



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https://www.eldestapeweb.com/nota/crisis-economica-estrepitosa-caida-del-merval-que-se-desploma-11–20199312570

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