Sovereign bonds in dollars fell to 4% led by the Global 2038, followed by the Global 2029 and the Bonar 2041. Thus, the country risk measured by JPMorgan fell 0.1% to 1,961 basis points.
S&P Merval and ADRS
The S&P Merval was up 0.41% at 250,921.70, after gaining 4.4% over the past week. Among the advances, the titles of the state oil company YPF stand out with 1.13%.
“Transportadora Gas del Norte was awarded a weekly increase of more than 26% and again climbed to all-time highs. One of the main reasons was that it announced that it will collect compensation from YPF for a total of 190.6 million dollars in four installments starting next year,” recalled Ayelén Romero from Rava Bursátil.
Meanwhile, Argentine papers that operate on Wall Street advanced up to 4% led by Cresud, followed by YPF (2.8%), Irsa (2.4%) and Grupo Financiero Galicia at 1.3%. Conversely, Tenaris (-1.3%), Edenor (-0.4%) and Loma Negra (-0.3%) lost.
Source: Ambito
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