ADRs revived on Wall Street and rose as much as 7.6%; country risk remained firm around 2,200 points

ADRs revived on Wall Street and rose as much as 7.6%;  country risk remained firm around 2,200 points

In the local stock market, on the other hand, the The leading S&P Merval index fell 0.6%, closing below 87,000 points, against a 2.3% loss the previous week.

Bonds and country risk

In the fixed income segment, on the other hand, dollar denominated bonds they finished the disparate wheel from all-time lows. The rises were led by bonares, which rebounded up to 2.4% (AL41D), while the global ones ended with the majority of decreases, among which the drop in GD41D (-2.5%) stood out.

Facing it, the Argentine country risk, prepared by JP Morgan bank, It fell 0.5% to 2,201 basis points, after setting an intraday record of 2,214 units.

Already more stabilized, after the strong falls during the first fortnight of the month, CER-adjusted bonds in pesos ended with the majority of declines, that were led by the Discount (-2.9%), and the Boncer 2028 (-2.7%).

Source: Ambito

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