The actions of the leading panel show good dynamics in the Argentine stock market in a context of seeking coverage. The ADRs are also rising and the country risk is close to its maximum of a week ago.
He argentine stock market It is trading with a slight upward trend this Tuesday, with prices that allow it to flirt with its historical maximum zone for purchases of coverage against inflation and the devaluation of the peso within the framework of the first leg of the electoral race for the presidential elections. This is contrary to what is happening in the international markets, with Wall Street operating in decline awaiting legislative negotiations on the US debt limit between the government and the opposition.
The local panel leading actions They trade with a bullish majority in the day and register increases of up to 4.05% (Aluar). Thus, Scale 3.01% Transportadora Gas del Norte and 2.41%, Central Puerto, which complete the podium of those that register the most increases this Tuesday.
Thus, the Leading index S&P Merval of Buenos Aires gains 1.71%to 309,615.470 points, and exceeds his record of 307,057.03 units, which he had scored at the end of April of this year.
Argentine shares on Wall Street
The shares of Argentine companies listed on Wall Street They operate with a mostly positive trend this Tuesday as well, led by Pampa Energía (+4.11), Banco Macro (+3.51%) and Central Puerto (+3.34%). Those that fell are those of Despegar.com (-2.71%), MercadoLibre (-2.64%), Edenor (-2.11%) and Grupo Supervielle (-0.22%).
Bonds and country risk
It Argentine dollar bonds show bearish majority this Tuesday, with falls of up to 2.6%, such is the case of the Global 2046, followed by the AE38 (-1.8%) and the Global 2035 and 2038, which both fell 0.9%. The country risk rises 0.54% in this context to settle at 2,591 units and thus closes to 2,600 points, a mark that it had exceeded exactly one week ago.
Source: Ambito
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