Vista papers appear at the top of the rises, with an increase of 6.8%. They are followed by the assets of Transportadora de Gas del Norte (+4.9%); Bioceres (+4.8%); and YPF (+3.9%).
In this frame, the leading index S&P Merval of Argentine Stock Exchanges and Markets (BYMA) gained 1.9%, to 85,248 points, after improving 1.7% the day before and collapsing 4.9% on Monday in line with the trend of the local Adrs listed in New York.
The strong tensions in the Argentine government coalition cast doubt on the economic future of the local economy despite a recent agreement with the IMF by which it refinanced a debt of some 44,000 million dollars.
The main Wall Street indices opened lower on Wednesday, although they later turned positive, on a day in which it was known that consumer prices in the United States rose more than expected in April.
The Dow Jones Industrial Average was up 0.9%; the S&P 500 index gained 0.9%; and the Nasdaq advanced 0.4%.
In the fixed income segment, the main bonds denominated in dollars operated unevenly, with increases of up to 0.8% (Bonar 2030), and decreases of up to 0.7% (Global 2035).
Thus, the Argentine country risk prepared by the JP Morgan bank fell 0.9% to 1,843 basis pointsafter four consecutive raises.
For its part, the sovereign debt in pesos with CER adjustment, it recovered after several days with setbacks, and rebounded up to 1.1%.
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.
