Shares of the S&P Merval record their seventh consecutive rise; but bonds fall

Shares of the S&P Merval record their seventh consecutive rise;  but bonds fall

The leading shares renew their strong bullish streak for the seventh consecutive round on the day and they record a new all-time high due to lower sovereign risk aversion, placing the stock market among those with the highest global profit with returns in the area of ​​30% in dollars during the year.

Operators added that the interest was also supported by the opportunity prices that the titles represent after previous strong falls after the Alberto Fernández opposed the ruling of the Supreme Court on the co-participation in favor of the City of Buenos Aires.

On Wall Street, meanwhile, there are mixed prices. Among the companies with the highest increases, Telecom Argentina (+5.2%), Central Puerto (+1.7%), and Grupo Supervielle (+0.9%) and Among those showing large declines are Cresud (-1.3%), Edenor (-1.2%) and Mercado Libre (-1.2%).

Bonds and country risk

In the fixed income segment, The main bonds in dollars operate with the majority of falls of up to 5.6% thanks to Global 2038, Bonar 2035 (-4.1%), Bonar 2041 (-2.9%).

While, the Argentine country risk measured by the JP.Morgan bank operates below 2,100 points.

Source: Ambito

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