Conditioned by the drop in the CCL dollar, BYMA’s benchmark S&P Merval it yielded 1.2%, to 200,168 points, after recording his intraday record in pesos of 205,953.37 units. A) Yes, accumulated more than 23% in 10 consecutive days. While measured in dollar CCL, it came to close to 600 points on the day, the highest since August 2019.
The falls of the day are led by the actions of Macro Bank (-5%); Galicia (-3.8%); and Cresud (-3%).
The stock market accumulates a firm rise of 135% in pesos in the year, with yields converted to around 40% in dollars and thus stands out in the global financial system.
“The S&P Merval reached a historic value of 200,000 points in local currency, after 10 days on the rise, accumulating 23.3% in this short period”, commented from Cohen Aliados Financieros. “Anyway, measured in (the ‘settled spot’ exchange rate) ‘CCL’ is still just under 70% below the all-time high achieved at the start of 2018,” they added.
On Wall Street, meanwhile, the Argentine shares operate with the majority of increases. Advances are led by bank papers BBVA (+3.5%); Take off (+3%); and Edenor (+2.9%). On the side of declines, the assets of Central Puerto appeared (-2.3%); Banco Macro (-1.5%); and Loma Negra (-0.9%).
Bonds and country risk
In the fixed income segment, on the other hand, dollar bonds showed most falls. The Global 2030 fell 3.1%, while the Binar 2029 yielded 2.6%, among the main setbacks of the day.
For his part, he Argentine country risk of JP.Morgan recorded a slight rise of two basis points, to 2,159 units.
The Ministry of Economy On Wednesday, it captured 326,610 million effective pesos (about 1,852 million dollars) in Treasury bills with 1,426 offers received, to finish its auction plan in the year with the total renewal of maturities.
Source: Ambito
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