In this way, the stock market measured in pesos shows an unusual improvement of 200% since the beginning of the previous year, which represents an average return of 45% in dollars, placing it on the podium of financial businesses in the world. Only in 2023 accumulates an advance of 25%. In a month, it rises 52.5%. For his part, the Merval in dollars is close to 700 pointsa level that had not been achieved since before the fall in the PASO of 2019. On a monthly basis, the sectors that explain the rise continue to be energy and banks,” they explain from Cohen.
After the holiday in the United States, Argentine paper listed on Wall Street rose up to 4% led by Telecom Argentina (4.5%), Tenaris (2.1%), Corporación América (1.7%) and Irsa (1 ,2%). Conversely, Mercado Libre (-1.7%), Edenor (-1.6%) and Transportadora Gas del Sur (-1%) fell.
Bonds and country risk
In the fixed income segment in dollars, sovereign bonds operate with advances of up to 2% led by Global 2041, Global 2038 and Global 2029 (1.2%). Bonar 2029 and Global 2035 (-0.8%) fell to 1%. Thus, the country risk records a new minimum in 7 months at 1,978 basis points.
Source: Ambito
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