After starting the day in negative territory, the Argentine Stock Market added its fourth upward day due to portfolio rearrangements, while dollar bonds and ADRs operated mixed.
The S&P Merval rose slightly 0.09%. The Buenos Aires Stock Exchange marked, when averaging the session, a historical maximum level of 340,959.36 units. Measured in dollars, it ended the day at 687 points, and fell from US$689 on Friday due to a rise in the exchange rate.
The stock that rose the most in the leading panel yesterday was Central Puerto (4.9%), followed by Mirgor (4.4%) and Aluar (4.2%). While the decreases were led by Sociedad Comercial del Plata (2.7%), Grupo Financiero Galicia (2.5%) and Banco Supervielle (2.4%).
On Wall Street, Argentine stocks ended with a majority of losses. Thus, the main ones were Banco Supervielle (4%), Bioceres (3.3%) and Despegar (3.3%). The increases, meanwhile, were led by Central Puerto (5.5%), Cresud (2.6) and Mercado Libre (2.2%).
For their part, bonds in dollars closed with the majority of increases. The main increases were the Global 2046 (2.8%), and the Bonar 2035 (1.7%). Thus, the country-risk measured by the JP.Morgan bank fell 0.6% to 2,580 basis points.
“The weighted average price of Globals closed at $25.64 versus $25.53 on Friday. This was due to the fact that the curve exhibited positive variations between 0.2% and 0.7%”, stated PPI in its market closing report.