Hard it raises in stock-market Buenosairean

The entrance of fresh bottoms impelled today to stock-market of Commerce of Buenos Aires, that gained 2.33 percents and surpassed the 800 points, level that did not reach from October of 1997.

Also, the exchange market did not accuse variants. For that reason, the dollar continued in the ranks of Thursday (2.78/2.82 pesos) in the change houses.

About a first moment, one thought that the declarations of the president of the Central bank (BCRA), Adolph Prat Gay, could break the calm of City.

According to journalistic versions, Prat Gay would have touched the subject of the public tariffs, in favor of the privatized companies. Also, it would have remarcado that Roberto Lavagna would be lost a unique opportunity: to reconstruct the debt with a great acquittal that would have been a lesson for the International Monetary Fund.

But the market as soon as it confirmed receipt of those prohibitions. Of that way, the exchange parity for the great transactions was located in 2,80/2,81 by unit.

On the other hand, the Central bank (BCRA) continued taking part the seat to maintain to the currency. It accused therefore net of his purchases wholesale sales and their liquidations to importers of 30.5 million dollars.

However, the futures of the North American currency were dncarecieron slightly. The dollar index (Indol) raised 2.82 for month end and 2.85 for the 31 of July. Although it continued in 2,88 for the 29 of August.

From the beginning, stock-market was of the very good humor. In this context, it reached the 801.17 units. It is possible to emphasize that it did not surpass the 800 points from October of 1997.

"the rates follow in loss. For this reason more bottoms enter to the shareholding sector. This entrance of bottoms is the one that maintains to the seat in rise ", affirmed Matías Davini, analyst of Bull Markets Brokers and I gave Santo.

That rise of the demand allows to anticipate that this bullish tendency could extend. Also, the macroeconomic indicators (of production and public prosecutors) generate confidence in the government. Strictly speaking, it gives more determination him to the market.

The indicator of the Market of Values (MerVal) advanced 4.27 in this short week, 26.70 in which go of June and 52.62 percents from December ends.

Source: DyN