Public ‘turns against’ Javier Milei, as right-wing leader takes Argentina towards recession
Published . Updated .
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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 | +2.25% | +0.50% | base | after close | after close | after close | after close |
| GGAL | +2.20% | +0.34% | base | after close | after close | after close | after close |
| PAM | -0.34% | -2.43% | base | after close | after close | after close | after close |
| TGS | +2.00% | -0.93% | base | after close | after close | after close | after close |
| IRS | +4.84% | +1.48% | 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.
Public ‘turns against’ Javier Milei, as right-wing leader takes Argentina towards recession The London Economic
Source: The London Economic
This story
| Company | When | Move | Status |
|---|---|---|---|
| ARGT | three days earlier | +0.50% | final price |
| ARGT | five days earlier | +2.25% | final price |
| GGAL | three days earlier | +0.34% | final price |
| GGAL | five days earlier | +2.20% | final price |
| IRS | three days earlier | +1.48% | final price |
| IRS | five days earlier | +4.84% | final price |
| PAM | three days earlier | -2.43% | final price |
| PAM | five days earlier | -0.34% | final price |
| TGS | three days earlier | -0.93% | final price |
| TGS | five days earlier | +2.00% | final price |
This story
12 out of 100
“Public ‘turns against’ Javier Milei, as right-wing leader takes Argentina towards recession” scores 12 out of 100. The score uses 1 sources.