AL30 – Aluar Aluminio Argentino S.A.I.C.

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Aluar Aluminio Argentino S.A.I.C. (AL30) is the sole primary aluminum producer in Argentina and a significant player in the Latin American market. The company’s vertically integrated business model encompasses the entire aluminum production process, from manufacturing to the distribution of a wide range of aluminum products. These include primary aluminum (ingots, billets, and alloys), as well as semi-finished and finished products for various industries such as construction, packaging, transportation, and electrical applications. Aluar is known for its commitment to technological innovation and sustainable practices within its operations, constantly seeking to improve efficiency and reduce its environmental impact. The company exports a significant portion of its production, making it a key player in the global aluminum market and a relevant stock for investment and analysis of market trends.

Argentine Bond AL30: Chart Analysis and Trend Predictions
AL30

Argentine Bond AL30: Chart Analysis and Trend Predictions

by | 01/03/2025 10:50 AM | AL30

📉 The AL30 bond's chart suggests further downside, with about 5% to go before reaching the base of its upward channel since the elections.

📈 The bond's uptrend began with the resignation of Batakis and Guzmán, similar to the MERVAL and Galicia.

📊 Quantitative analysis indicates that Argentine assets, including the AL30 bond, still have room for further decline.

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