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Market collapse: Argentine shares sink up to 10% and bonds fall 3.5%

2023-03-15T14:13:32.654Z


Banks are dragging stock markets around the world and oil has broken through the US$70 barrier. Shares of Credit Suisse lose 20%, the price of oil falls below US$70 a barrel, the European stock markets fall as much as 3% and the Dow Jones opens with a fall of 1.5% in the United States. The financial turmoil, which began last week with the fall of Silicon Valley Bank, is also dragging down Argentine assets. Dollar bonds fall up to 3.5% (GD29) on Wall Street and Argentine shares listed in the


Shares of Credit Suisse lose 20%, the price of oil falls below US$70 a barrel, the European stock markets fall as much as 3% and the Dow Jones opens with a fall of 1.5% in the United States.

The financial turmoil, which began last week with the fall of Silicon Valley Bank, is also dragging down Argentine assets.

Dollar bonds fall up to 3.5%

(GD29) on Wall Street and Argentine shares listed in the United States collapse up to 10%, such as YPF, impacted by the fall in oil.

In addition to the oil company, Argentine banks also fall: the Macro loses 7.5%;

Galicia, 6.2%;

the Supervielle, 5.4%;

and BBVA, 5.1%.

The shares of Tenaris also fell sharply (7.3%).

note in development

look too

Banking crisis in the United States: Wall Street reels in the face of tremors in Europe

The closure of Silicon Valley Bank: Moody's downgrades US banking to negative after the bankruptcy of banks

Source: clarin

All business articles on 2023-03-15

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