The Argentine market rearranges itself this Monday with the S&P Merval erasing almost the entirety of its previous weekly rise. Bonds rise and the country risk pierces 1,250 points.
The sovereign bonds in dollars record the majority of increases this Monday, October 7 and the ADRs fall down 4.1% in Wall Streetwhile lowering the S&P Mervalin the midst of a portfolio rearrangement.
Sovereign debt securities record the majority of increases, led by the Bonar 2041 (+0.8%), the Global 2041 (+0.7%), the Global 2035 and 2038 (+0.4%). Meanwhile, the only ones who record casualties are the Global 2046 (-1%), Global 2029 (-0.1%) and the Bonar 2035 (-0.1%). He country risk drops 22 points (-1.8%) until 1,236 units.
Argentine stocks listed on the New York Stock Exchange are experiencing a bad day, with falls of up to 4.5%, which are led by Superviellefollowed by BBVA (-4.7%), Macro Bank (-3.5%) and Galicia Financial Group (-2.9%). Meanwhile, they only go up Free market (+0.9%), which comes with bullish momentum since the previous Wednesday, as a result of the positive comments from the Marcos Galperin; and Take off (+0.4%) an improvement in the outlook for international tourism.
He bleach It is estimated that to date it has raised about 13 billion dollarsa situation that is reflected in the bank coffers that show deposits in dollars for about 31,306 million dollars as of October 1, levels that have not been recorded since August 2019.
S&P Merval and shares
The index S&P Merval It falls 1.7% to 1,727,169.04 units, after rising by the same figure last week and falling 1.3% in September.
In this context, the shares of the leading panel give up until 4%headed by the banks: Superviellefollowed by BBVA (-3.8%), Macro Bank (-3.2%) and Galicia Financial Group (-2.6%). The only ones that go up are Metrogas (+2.2%), Silver Commercial Society (+0.4%) and Stock Bank (+0.2%).
News in development.-
Source: Ambito
