The stocks with the highest decline were BBVA Banco Francés (-3.8%), Banco Macro (-3.1%) and Grupo Valores (-2.3%). Contrary, Loma Negra (+1.4%), Cresud (+1.3%) and Agrometal (+1.2%) rose.
For his part, local stocks listed abroad ended with widespread declines, In this framework, they fell to the 23% led by BBVA French Bank, they followed YPF (-2.2%) and Cresud (-1.4%).
Bonds and country risk
In it fixed income segment, sovereign dollar bonds rose to 1.6% led by Bonar 2029, Bonar 2038 (+0.6%) and Global 2041 (+0.4%).
For his part, dollar-linked sovereigns were offered and fell 0.4% on average. The same luck had the duals that closed with average falls of 0.5%, concentrating the volume in the short tranche.
Regarding the CER segment, the Leceres rose an average of 0.2% (with the exception of the X18S3, which fell 1.6%), while the Bonceres behaved erratically, alternating up and down throughout the curve.
Thus, the risk country prepared by the JPMorgan bank fell three units to 1,819 points.
“January 2023 was a clearly positive month for fixed income, influenced by the announcements from the Ministry of Economy regarding the repurchase of bonds (…), added to the reported search for loans with multilateral organizations to expand the ‘buyback’ (repurchase of bonds),” said the brokerage Tavelli y Compañía.
Source: Ambito
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