The main increases corresponded to Sociedad Comercial del Plata (+2.4%), Ternium (+2.3%), and Banco Supervielle (+1.8%). The declines were led by Aluar (-0.8%), BYMA (-0.7%), and Cablevisión (-0.7%).
“Markets remain expectant as the lockdown progresses in China and developments regarding the war (in Ukraine),” said trading, settlement and clearing broker Cohen.
Internationally, investors appear to be overcoming fears about the economy, despite Russia’s announcement that it will cut off natural gas to Poland and Bulgaria over their refusal to pay in rubles for the raw material.
In that contextArgentine stocks operate with a mixed trend.
The increases of up to 7.4% are led by Ternium SA after announcing investments of US$600 million for a positive balance, followed by Despegar (+4.2%) and Pampa Energía (+2.8%). The decreases of up to 3.3% belong to Edenor and Corporación América (-1.9%).
Bonds and country risk
In the fixed income segment, bonds denominated in dollars operate unevenly. The biggest decreases correspond to the Bonar 2014 (-0.8%), and the Global (-0.6%). For its part, the rise of Global 2030 (+0.4%) stands out.
The Argentine country risk that the JP. Morgan bank prepares daily rises 1.4% to 1,781 basic points.
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
