The leading panel of the Buenos Aires stock market, the main falls were led by Transportadora de Gas del Norte (-2.8%), YPF (-2.7%), and Cablevisión (-2.7%). Meanwhile, the biggest increases were for Edenor (+1%), Sociedad Comercial del Plata (+0.8%), and Telecom (+0.2%).
In the accumulated for the month, in the leading panel, the shares that rose the most were for Sociedad Comercial del Plata (+12.4%), Cresud (+12.1%), and Banco BBVA (+8.5%).
While, the ADRs of Argentine companies on Wall Street ended the day with the majority of decreases. The main ones were YPF and Tenaris with 2.9%. Meanwhile, in the accumulated of the month, the papers that grew the most were Cresud (+11.4%), and Banco BBVA (+9.9%), and those that grew the least, Telecom (-12%), and Despegar (-9.4%).
Bonds and country risk
In the fixed income segment, bonds in dollars recorded the majority of losses -with drops of up to 1.5%-, while titles in pesos operated with increases of up to 1.6%. Thus, the risk country measured by JPMorgan it fell 0.2% to 1,963 basis points.
In the accumulated of the month, dollar bonds fell to 12.5% from Bonar 2029, followed by Bonar 2035 at 11%, and Bonar 2030 at 10.6%. At the end of February, on average, the bonds accumulated a fall of 3.2%, after the soaring of 13.8% registered in January.
Source: Ambito
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