The S&P Merval in dollars touches a minimum of almost two months and the Risk country climbs 6% in five wheels

Argentine shares and bonds score generalized lows this Wednesday, January 5, against the trend of the world markets, After a very volatile week start before the tariffs of the president of the United States, Donald Trump.

Within that framework, the Argentine Adrs They operate with most setbacks in the US. The assets of Black Loma (-2.4%), and of South gas transporter (-1.7%) They are the ones who fall.

For its part, the S&P Merval low 1.6% to 2,493,006.65 basic points, And within the most falling papers are: Northern Gas Transporter (-2.5%), Metrogas (-1.7%), and Galicia Financial Group (-0.9%).

Measured in dollars (CCL), The leading Byma panel dropped almost 2% to 2,066 points, the lowest level since last December 10 (2,047 points).

“Fear of conflict escalation at the commercial level hit the markets this week. And fear of the possibility that economic growth is stopped at the global level was felt. However, Trump’s decision to suspend tariffs for the case of Mexico and Canada for a month, “financial analysts said.

In that sense, the Minister of Economy, Luis Caputo, said: “We always contemplate the possibility that there are external shocks, such as the one we are seeing at this time. The best antidote against this is to guarantee Argentines that this government will never move a centimeter of the fiscal and monetary order that we carry out from day 1 “

“We will continue to fight excessive public spending to get the greatest possible surplus and continue to lower taxes“He expanded trying to calm the markets.

Bonds and Risk Country

As for fixed income, the Bonds are quoted in red for fifth consecutive wheel: The ones that fall the most are the Bonar 2038 (-0.7%), the Bonar 2035 (-0.7%), and the Global 2038 (-0.6%).

Indeed, the country risk, which measures JP Morgan, increases 0.7% to 645 basic points. This way, In the last five days it accumulates a rise of 5.6%.