City analysts expect the positive trend to continue in the local stock market and for Argentine bonds and stocks on Wall Street. CER bonds are becoming more attractive ahead of next week’s Treasury tender.
This Thursday he presents with good expectations in the markets for the analysts of the city of Buenos Aires and they expect the country risk to continue to decline. “I think we are going to see a calm market with bonds that still have potential just like stocks,” says the Emerald Capital economist, Elena Alonso.
“The market is attentive this week to see what happens next with the Treasury tender ratesif they go to CER bonds, which come with a little more demand in recent days, or go to fixed ones, with Lecapswhich stagnated the rise a little,” says Alonso.
The analyst still sees potential in bonds the expectation that country risk will continue to decline and is confident that the macro variables with improvements and the positive relationship with the new president-elect of the United States, donald trumpthey will play in their favor.
In that framework, the S&P Merval advances 1.6% to 2,181,034.90 and, among the leading stocks Leading the rises are: Metrogas (+4.7%), YPF (+3.9%), and Supervielle Bank (+2%). Among the ADRs that are listed on Wall Street, meanwhile, the main increases are for: YPF (+4.6%), IRSA (+3.1%), and Pampa Energy (+3.1%).
Regarding dollar bonds, the biggest increase is for the Global 2038 (+2.3%), the Global 2029 (+1.6%), the Global 2046 (+1.5%),
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
