This indicator prepared by the JP.Morgan bank it exceeded its previous ceiling of 1,669 points, reached at the end of last March.
Within this framework, dollar bonds fell to 1.8% (Global 2030), on another tough day for emerging markets.
In the peso segment, meanwhile, the dollar linked sovereign tranche rose to 0.4%. For its part, debt in pesos with CER adjustment operated with the majority of increases.
Investors were wary of domestic economic and political tensions within weeks of a crucial legislative election amid high inflation and strong monetary issuance.
S&P Merval
The Buenos Aires stock market fell this Friday due to selective profit-taking in the face of growing local and external doubts. The external context is influenced by political tensions in Brazil, Argentina’s main trading partner, after the resignation of Treasury officials.
The S&P Merval leading index of Argentine Stock Exchanges and Markets (BYMA) lost 1%, to 85,911 units, after setting an all-time record of 87,157.62 points intraday on Wednesday.
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