BYMA’s leading S&P Merval stock index lost a slight 0.1%, to 140,974.41 units, after falling 1.9% the day before and posting a historical intraday record in pesos of 145,859.42 points on Monday.
In the local context, caution persists until greater economic measures are glimpsed that could reverse the bad mood of investors and in the global plane, record inflation in the euro area, fears of recession and a possible rise in rates hit the markets .
“The local stock market index is at a maximum of 141,000 points, which would not rule out a correction in the short term,” said Mauro Natalucci of Rava Bursátil.
The Merval accumulates a rise of 68.8% so far this year, about 10 points above the inflationary drag in the same period.
On Wall Street, meanwhile, the ADRs of Argentine companies operate disparately. The raises are led by Central Port (+2.9%), while the casualties are led by Edenor (-2.5%).
Bonds and country risk
In the fixed income segment, dollar bonds fall to 1.2%. The biggest drop was recorded by the Global 2030 (-1.2%), followed by the Bonar 2030 (-1.1%).
In that framework, the risk countrywhich measures JP Morgan banking, it fell 0.9% to 2,407 points.
Source: Ambito
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