The S&P Merval extends bullish rally to 5 days in a row, but bonds fall to 4.7%

The S&P Merval extends bullish rally to 5 days in a row, but bonds fall to 4.7%

The stock market continues with an upward trend in a day in which the market awaits the balance of YPF. Meanwhile, Argentine bonds in dollars have strong bearish dynamics.

The argentinian bag operates with an upward trend this Thursday, in line with what has been observed in the previous days and this responds to the search for coverage by investors and operators in view of the expectation of high inflation data for the month of April, which will You will find out this Friday. Also, will be presented today the balance sheet of the accounting results of the state oil company YPF.

Meanwhile, the dynamics in international markets is bearish this Thursday, as a result of the poor performance of some central actions, such as Disney, but also due to the macroeconomic data from the United States, which hint at the possibility that the Federal Reserve ( Fed) will continue to raise the rate in the coming months, even though the inflation data for April was lower than that for March.

In this scenario, the leading index S&P Merval from Buenos Aires rises 0.69% to 312,628.690 points, a very strong level and the highest of the current month, for the moment. This responds to the fact that the shares of the leading panel have the majority of increases this Thursday, with increases of up to 5.41%.

The role that shows the best dynamics is that of Mirgor, which on Wednesday achieved a climb of no less than 11% and this Wednesday remains at good levels. The Aluar also has a good performance, which climbs 2.954% and the podium of those that climb the most is completed by Banco Supervielle (+2.44%). The stock that fell the most is Telecom (-1.59%), followed by YPF, which lost 1.37% in the moments prior to the presentation of its balance sheet, and Central Puerto (-0.85%). .

Argentine stocks on Wall Street

In Wall StreetMeanwhile, the Argentine shares listed on that market have a mixed trend, with Bioceres leading the rises, with a rise of 3.69%; followed by BBVA (+2.55%) and Despegar.com (+1.81%). Meanwhile, those that fell the most are YPF (-2.06%); Central Puerto (-1.75%) and IRSA (-1.03%).

Bonds falling

The Argentine dollar bonds the majority are in decline, with drops of up to 7.3% (Global 2041). While the others that fell the most are Global 2049 (-4.7%) and Global 2038 (-2%), while the AL41 rose 3.8% and 1.5%, Global 2035. The risk country, in this context, rises 27 points to 2,531 units.

Source: Ambito

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