The S&P Merval cuts its streak of 7 rises in a row (YPF exceeds US$10 on Wall Street)

The S&P Merval cuts its streak of 7 rises in a row (YPF exceeds US on Wall Street)

The market awaits the inflation data for December and 2022, which could be around 5.2% and 95.5%, respectively, one of the highest levels in the world.

In another order, the Argentine papers on Wall Street operate mixed conditioned by the US inflation data while investors try to digest what position to take regarding expectations for what the Fed will do at its next meeting on February 1. Thus, the increases of up to 4.1% are led by Mercado Libre, YPF (2.7%), Banco Superville (2.6%). Conversely, Edenor, Cresud (-3.8%), Pampa Energía (-2.5%), Central Puerto (-2.3%) fell to 5.6%.

With this advance, YPF manages to stand out and exceeds US$10 for the first time on the New York Stock Exchange. In 6 months, its price more than tripled: it accumulates an increase of 235%

Bonds and Country Risk

In the fixed income segment, the sovereign dollar bonds They operate unevenly with increases of 1.6% in the case of Bonar 2029 and 1.3% for Global 2029. While, Global 2038, Global 2035 (-1.3%) and the Global 2030 (-1.2%), after operating with strong increases on Wednesday.

Thus, the risk country Argentina is close to 2,000 basic points and rises slightly 0.10% to 2,070 points.

Source: Ambito

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