Between the papers that fell the most excelled those of Central Port (-4.6%); Macro Bank (-4.5%); Northern Gas Carrier (-4.2%); Southern Gas Carrier (-3.9%); Y Pampa Energy (-2.8%).
Pampa Energythe third gas producer in the Neuquén basin in Argentine Patagonia, plans to invest US$550 million in 2023 to increase its unconventional production in the Vaca Muerta formationsaid the president of the company, Marcelo Mindlin.
It should be remembered that The stock market activity of Argentina (BYMA) is extended from this Monday in 60 minutes, from 11:00 local time (1400 GMT) to 18:00 local time (2100 GMT)to align the operation to the Wall Street boreal winter schedule.
In Wall St., the shares of Argentine companies ended the session with most results in the red. Among the falls stood out Macro Bank (-4.8%); go (-4.7%); Center Port (-4.1%); Telecom Argentina (-3.5%); Y Southern Gas Carrier (-3.5%).
Bonds and country risk
In the fixed income market, dollar bonds are trading higher. Among them, Bonar 2035 and 2030 (+2.8%) and Global 2030 (+3%) stood out.
For its part, the country risk measured by JP Morgan banks fell 1% to 2,543 basis points.
The Ministry of Economy will seek to capture some 32.9 billion pesos through a letter tender this Monday, with the focus on validated rates. Operators do not rule out the imminent official announcement of an exchange of titles in pesos, with the aim of relaxing maturities in the final stretch of the year.
Source: Ambito
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