“The 92,000 points (of the index) has been acting as a resistance, while downwards the 90,000 points has acted as support of late,” said ActivTrades.
The Consumer Price Index (CPI) for March measured by INDEC is expected to exceed 6%, as anticipated by Economy Minister Martín Guzmán, becoming the highest monthly inflation of the year.
For its part, US stocks rallied as a recovery in growth stocks and strong results from Delta Air Lines offset a drop in JPMorgan bank after reporting a lower quarterly profit.
The Dow Jones Industrial Average is trading up 0.18% to 34,284.09 units; the S&P 500 index gained 0.26% to 4,409.23 units, and the Nasdaq Composite rose 0.86% to 13,485.61 units.
In New York, the papers of Argentine companies operate mixed with noteworthy rises of Cresud, Despegar (+2.6%) and Corporación América (2.6%). The decreases are led by Central Puerto (-2%), Edenor (-1.6%) and Transportadora Gas del Sur (-1.3%).
In the fixed income segment, on the other hand, bonds in dollars operate mixed, with increases led by the Bonar 2035 (+1%), followed by the Global 2030 (+0.3%) and the Bonar 2041 (+0). ,two%). In the losses are found Global 2035 (-0.3%), Bonar 2038 (-0.2%) and Bonar 2030 (-0.1%).
Once again, securities in pesos adjusted for inflation are trading with increases of up to 1% (Par) followed by the Boncer 2028 (TX28). So far this month, these titles accumulate increases of up to 13%, as in the case of Quasipar. The podium is completed by the pair and the Discount with an advance of 6%.
By last, the country risk -measured by the JP Morgan- yields 0.1% to 1,731 units, against its record of 1,991 units reached at the beginning of March.
Source: Ambito
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