Argentine shares climbed up to 8.5% on Wall Street; S&P Merval gained 2.7%

Argentine shares climbed up to 8.5% on Wall Street;  S&P Merval gained 2.7%

Against this background, Argentine papers listed on Wall Street closed extended increases, which reached 8.4%, such was the case of Mercado Libre, followed by Gobant (+4.4%), Edenor (+4, 2%) and Take off (+3%).

Along the same lines as Wall Street, the leading index S&P Merval it rose 2.7% to 93,710.99 points, supported by energy and financial papers, against an advance of 3.6% between Monday and Tuesday.

In the fixed income segment, on the other hand, sovereign bonds in dollars extended their recent rebound, ending up as high as 1.7%, led by the global 2029, the Bonar 2038 (+1.6%) and Bonar 2029 (+1.6%). The only casualty responded to Overall 2041 (-0.6%).

In the US, sovereign titles ended unevenly, before which, country risk measured by the JP.Morgan It rose eight units, to the area of ​​1,925 basic points.

Source: Ambito

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