On the fixed income curve, the securities that rise the most are Global 2046 (+4%), followed by Global 2029 (+1.9%) and the Bonar 2041 (+0.7), while those that fell the most are bonar 2029, Global 2030 and 2038 that give in 0.3%.
He country riskmeasured by JP Morgandrops just 1 unit and operates at 818 basis pointsminimums in five years.
The inflation frame 2.7% in septemberas reported by the National Institute of Statistics and Censusesand the interannual variation (yoy) has already reached 200% (193% yoy).
The data was celebrated by the Government and the president himself Javier Mileiwho announced that in five more months Argentina could get out of the exchange rate.
“I warn you that if we repeat numbers along these lines for two more months, we will be lowering the crawling peg to 1% and when we repeat 3 months of 1% we will be freeing the exchange market,” said the President during the meeting. Annual Gala of the Endeavor Foundation, at the Faena Art Center.
Stock market and ADRs
Shares are trading with a majority increase on the local stock market. He S&P Merval climb 0.4% to 2,019,378.97 points and the papers that push it are Central Port (+4.4%), IRSA (+3.4%), Southern Gas Carrier (+1.9%) and Transener (+1.7%). Meanwhile, those that lose the most value are Society Silver Commercial (-2.2%), Macro Bank (-1.2%), BBVA (-1%) and Aluar (-0.9%).
On Wall Street, Argentine papers fly up to 9.3%, thanks to Bioceresfollowed by more marginal increases such as those of Gas Conveyor (+3.1%) and Central Port (+2.8%). Those that decrease the most are those of Macro Bank (-0.7%), BBVA (-0.4%) and IRSA (-0.1%).
Source: Ambito
I’m a recent graduate of the University of Missouri with a degree in journalism. I started working as a news reporter for 24 Hours World about two years ago, and I’ve been writing articles ever since. My main focus is automotive news, but I’ve also written about politics, lifestyle, and entertainment.
