This is how the rises of Banco BBVA (+4.5%), Edenor (+4.1%), and YPF (+3.8%). While the main decreases were for Central Puerto (-2.1%), and Transportadora Gas del Norte (-0.9%).
“Although we are cautious and we are waiting to know the specific measures that will be announced in the course of the week, we believe that for the market it is something positive, given that the figure of Sergio Massa represents someone with experience in the markets and that has developed relationships with investment funds, both local and international, and we believe that this understanding can be positive”, they said from Adcap Grupo Financiero.
For their part, Argentine companies listed on Wall Street operate in a mixed manner. Lead the ascents YPF (+2.5%), and Edenor (+2.5%)while the losses are led by Banco Supervielle (-3%), and Central Puerto (-2.8%).
Bonds and country risk
Bonds in dollars suffered sharp declines, after they rose 0.8% on average on Monday, led by dollarized issues, after climbing 7.2% during the past week due to speculative purchases after reaching minimum values.
The biggest decreases, this day, are for Bonar 2029 (-5.2%), Bonar 2038 (-4.7%), and Bonar 2030 (-4.6%).
In this frame, the country risk measured by the JP bank. Morgan rises 2.3% or 55 points to 2,458 unitscompared to a recent intraday all-time high of 2,976 points.
For its part, the bonds in pesos registered the majority of increases and led the increases: the TX24 (+0.8%), the TC23 (+0.8%), and the DICP (+0.7%).
Source: Ambito
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