The leading index S&P Merval de Bolsas y Mercados Argentinos (BYMA) it gained 0.8%, to 78,163.44 points, after being stable the previous week.
The most important rises of the day were recorded in the papers of Pampa Energía (+ 8.1%); Edenor (+ 5.9%); and Central Puerto (+ 5.6%).
Energy and financial stocks advanced strongly on Wall Street yesterday, rising in double digits in some cases. This Tuesday, the ADRs of Argentine companies they earned up to 3.2%, with the leadership of Transportadora Gas del Sur. On the contrary, among the few casualties of the day Edenor’s assets stood out (-6.4%).
Analysts are closely following the electoral campaign ahead of the legislative elections on November 14, at a time of political and economic tensions that affect the government, the loser in the September primary elections.
The Minister of Economy, Martin Guzman, He will meet this Tuesday in Washington with the managing director of the IMF, Kristalina Georgieva, in the framework of the renegotiation of the debt program for about 45,000 million dollars signed in 2018.
In the New York Stock Exchange, the main indices were trading slightly higher before the start of the earnings season on Wednesday, and with investors’ concern about inflation in the US. The Dow Jones was up 0.3%, as was the Nasdaq, and the expanded S & P500 index.
In the fixed income segment, on the other hand, Argentine bonds denominated in dollars lost up to 3.1%, with which the Argentine Country Risk it bounced 1% to 1,618 basis points.
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