Meanwhile, the Argentine country risk measured by the JP Morgan bank rose seven units to 1,924 points.
For its part, the Buenos Aires stock market rose encouraged by the improvement registered in energy and financial actions, at a time when global markets remained cautious awaiting signals on the future of interest rates at a global level.
He S&P Merval it improved 1.3%, to 243,607.59 units, after gaining 1.8% the day before and accumulating a rise of 24.5% in January.
The lead panel actions who advanced the most were Transportadora de Gas del Norte (+8.3%), Ternium Argentina (+2.8%) and Central Puerto (+2.6%).
“The world continues with its risk-off process after the unexpectedly strong employment data from the United States,” said Portfolio Personal Inversiones, noting that “the rise in the Merval is mainly linked to electoral trade.”
For their part, Argentine papers listed on Wall Street ended with the majority of increases of up to 2% led by Central Puerto, Loma Negra (+1.7%) and Edenor (+1.6%). On the other hand, they descended Bioceres (-1.1%), Banco Macro (-0.7%) and Banco Francés (-0.5%)
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
