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BBVA Banco Francés S.A. Message Board

  • dasamaru40 dasamaru40 Feb 25, 2011 12:51 PM Flag


    Some reasons for the movement in Argentine stocks in recent days: oversold as money flows are reoriented towards companies north of the Equator in more developed economies; a refiguring in fundamental developments once again as the price of wheat, soybeans and corn ( all of which are important exports for Argentina )will likely produce an increase in foreign reserves; sharply improved results are now becoming facts for the banking stocks. Once the Argentine stock market takes a deep breath, the upward trend should resume.

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