Argentina slides into technical recession as Milei's reforms stall - IntelliNews Lambda
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This report is about Argentina.
Directly affected
- No company is named in this report.
Indirectly affected
- ARGT Global X MSCI Argentina ETF-7.8% 10d
Global X MSCI Argentina ETF holds stocks listed in Argentina, which this story is about (“argentina”).
- GGAL Grupo Financiero Galicia S.A-0.5% 11d
Grupo Financiero Galicia S.A (commercial banks) is one of the largest Argentina-based companies traded in the US, so news about Argentina (“argentina”) reaches its shares.
- PAM Pampa Energía S.A
Pampa Energía S.A (electric services) is one of the largest Argentina-based companies traded in the US, so news about Argentina (“argentina”) reaches its shares.
- TGS Transportadora de Gas del Sur S.A
Transportadora de Gas del Sur S.A (natural gas transmission) is one of the largest Argentina-based companies traded in the US, so news about Argentina (“argentina”) reaches its shares.
- IRS IRSA Inversiones y Representaciones Sociedad Anónima
IRSA Inversiones y Representaciones Sociedad Anónima (land subdividers and developers (no cemeteries)) is one of the largest Argentina-based companies traded in the US, so news about Argentina (“argentina”) reaches its shares.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| ARGT | +1.67% | +1.61% | base | after close | after close | after close | after close |
| GGAL | +1.40% | +2.89% | base | after close | after close | after close | after close |
| PAM | +0.84% | +0.97% | base | after close | after close | after close | after close |
| TGS | +1.98% | +1.61% | base | after close | after close | after close | after close |
| IRS | +4.13% | +5.99% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Argentina slides into technical recession as Milei's reforms stall - IntelliNews Lambda IntelliNews
Source: IntelliNews
This story
| Company | When | Move | Status |
|---|---|---|---|
| ARGT | three days earlier | +1.61% | final price |
| ARGT | five days earlier | +1.67% | final price |
| GGAL | three days earlier | +2.89% | final price |
| GGAL | five days earlier | +1.40% | final price |
| IRS | three days earlier | +5.99% | final price |
| IRS | five days earlier | +4.13% | final price |
| PAM | three days earlier | +0.97% | final price |
| PAM | five days earlier | +0.84% | final price |
| TGS | three days earlier | +1.61% | final price |
| TGS | five days earlier | +1.98% | final price |
This story
25 out of 100
“Argentina slides into technical recession as Milei's reforms stall - IntelliNews Lambda” scores 25 out of 100. The score uses 2 sources.