He argentine stock market It is operating down this Wednesday despite the positive global trend that is observed after knowing the inflation data for the United States, which stood at 4.9% year-on-year, within expectations. This information that was released during the morning of this day generated a dissipation of the possibilities of new increases in rates by the Federal Reserve (Fed), the US central bank.
Within this framework, the leading index of the Argentine stock market, the S&P Merval of Buenos Aires, lost 0.29% and reached 306,873,020 points. Although the day had started with a positive streak, that trend was later reversed and the positive streak of three consecutive days was cut.
This trend responds to the dynamics of the shares, which lost up to 2.58% this Wednesday and show a predominantly negative trend. The shares that fell the most were Transportadora de Gas del Sur, Central Puerto (-2.51%) and Transportadora de Gas del Norte (-1.67%).
Find out more – I followed the price of the blue dollar, official, CCL and MEP in Argentina
Argentine stocks on Wall Street
The Argentine stocks listed on Wall Street They follow, for the most part, the trend of the United States stock market, which was invigorated by the inflation data in that country, led by Mercado Libre (+4.2%), Grupo Supervielle (3.07%) and Telecom (1.34%). Meanwhile, those that fell the most this Wednesday are those of Transportadora Gas del Sur (-2.50%), Edenor (-2.37%), Loma Negra (2.27%) and Central Puerto (-2.11% ).
Bonds and country risk
And, for their part, Argentine bonds in dollars have a bearish majority, with falls of up to 4%. The one that loses the most is Global 2038, followed by Global 2035 (-1.5%) and AL41 (-0.4%). While those that rise are the AE38 (+3.2%), the Global 2029 (+1.9), the Global 2030 (+0.4%) and the AL29 (+0.3%).
The country risk falls 68 points (-2.63%) in the day to 2,518 units. Thus, it moves away from the level of 2,600 points, which it had exceeded on May 2.
Source: Ambito
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