The expectation raised by the “May Pact” promoted last Friday by Javier Milei by opening the ordinary sessions of the The National Congress is generating, as analysts had predicted, positive reactions in the New York pre-market, before the openings of both Wall Street and the local market.
Even if before 10 am the advances reached up to 8%, an hour later the foam calms down and the strongest increases are those of Edesur, which advances over 4%; Loma Negra, 3.7%; and those of YPF, which increased by 3%.
The bullish rally comes after Milei’s call for governors to join the “May Pact”, in a wink to ease unrest and discussions with provincial leaders in recent weeks.
Milei proposed the continuity of the adjustment and economic measures adopted since 11 December, but with the aim of building greater governability and building bridges with governors through the “May Pact”.
The first result follows the path that the analysts consulted by Clarín proposed in this Monday’s paper edition. The expectation of the city is that the market supports this initiative, which has already been supported by various economic sectors of the country.
In writing
SN
Source: Clarin
