The companies that led the rises of the day were BBVA bank (+4.7%9, YPF (+4.4%), and Transportadora de Gas del Norte (+4.3%). The biggest drops were for Loma Negra (-1.9%) and BYMA (-1.6%).
“Investors are now attentive to progress from the front of net reserves and debt in pesos, challenges on which there is a consensus must be faced in the short term so as not to run the risk of activating financial tensions,” said Gustavo Ber, from Ber study and added: “There is expectation for a new version of the soybean dollar, even in the midst of a drought that continues to be closely monitored, since it could once again provide foreign currency as a ‘bridge’.”
Bonds and country risk
In the fixed income segment, sovereign bonds in dollars they operate with falls of up to 4.4%, led by the Global 2041. Behind it appears the Bonar 2035, with a decrease of 1.9%.
Meanwhile, the Argentine country risk measured by the JP Morgan bank it rose two units to 2,407 basis points.
“Global volatility and its impact on Latin American fixed-income securities and, consequently, on Argentine bonds, generates mismatches between bonds of different quality and duration,” said Delphos Investment.
Source: Ambito
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