With just two wheels until the elections, the market remains attentive to new signals from the US Treasury Secretary.
In the absence of two wheels for the legislative elections this Sunday, The shares of Argentine companies continue to rise this Thursday on Wall Streetsimilar to what was seen yesterday. In parallel, Argentine bonds abroad operate without a change in weight, awaiting a new nod to the market from the US Treasury Secretary. Scott Bessent.
At the moment, the main increases among ADRs belong to YPF, which rises 3.68%, followed by Gas Carrierwhich increases 2.06%. On the opposite side, the declines are observed in the Galicia Financial Groupwhich fell -1.03%.
For their part, Argentine companies that are listed directly on Wall Streetas Free market and Bioceresoperate with disparity. The first rises 0.47%, while the second falls 0.52%.
In the local square, the S&P Merval 1.4% to 2,046,151.20 points, while its counterpart in dollars climbed 2.9% to 1,288.47 points.
Bonds and country risk
For their part, global sovereign bonds operate with increases at the beginning of the day. The biggest increases are seen in the Global 35 (+1.57%). “This morning’s rebound comes after a negative trend: yesterday the Globals closed again in red, with an average fall of 1.8%”they explained from Personal Investor Portfolio (PPI).
And they added that “fixed income in dollars accumulates a drop of 1% so far this week, despite Monday’s rebound driven by Quirno’s announcements and Bessent’s tweet.
This Thursday, the country risk of the previous day will be known, because the index prepared by JP Morgan For a few months now it has been updated with a delay of one day. This Thursday, it moves at 1,123 points.
News in development-.
Source: Ambito
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