Following the strong rise of the previous day, profit-taking in the US is dragging down local stocks in New York. Bonds, meanwhile, are trading mixed.
The Argentine sovereign bonds and stocks fall on Wall Street and the stocks of the companies on the leading panel are also trading lower sovereign bonds this Friday, September 20 in a context in which the New York Stock Exchange is trading with falls in its main indices due to profit-taking, after the strong rise of the previous day that was produced by the rate cut by the Federal Reserve (Fed) on Wednesday.
Bonds have thus climbed by 1.9% on the US stock exchange, led by the Global 2035 (GD35) and Global 2030 (GD30), which have lost 1.8%, and the Global 2038 (GD38) and AL35, which have both lost 1.3%. As a result, the country risk has climbed by 20 points (+1.42%) to 1,321 units.
Argentine stocks on Wall Street fell by 2.68%, led by Transportadora de Gas del Sur.
The S&P Merval, meanwhile, fell 0.84% and the shares of the leading panel in Argentina are all in the red. They are trading with losses of more than 3%. The one that fell the most is BBVA (-3.25%), followed by Central Puerto (-2.72%) and Transener (-2.52%).
News in development.-
Source: Ambito
