The increase in Country Risk is given as a reflection of the fall in the price of bonds sovereigns in dollars, which lost up to 1.1%, as in the case of Gobal 2035.
Investor doubts focus on economic issues such as recent price controls to tame high inflationary pressure, exchange controls, strong fiscal deficits and slow negotiations with the International Monetary Fund (IMF).
Added to this is the expectation on the political level after the harsh defeat suffered by the ruling party in the primary elections.
The president, Alberto Fernández, arrived in Rome this Friday to participate in the G-20 meeting, where he will try to advance the negotiations with the IMF.
Actions
In the equity segment, Argentine ADRs fell to 8.3% on Wall Street, led by Central Puerto.
In this context, the Buenos Aires stock market said goodbye to the month with a sharp fall, 2.9%, to end at 83,560.96 units, after setting a historical maximum value of 90,576.75 points on Tuesday.
The leading benchmark accumulated an improvement of 8% in the tenth month of the year.
Among the biggest drops of the day, the one at Central Puerto stood out (-6.3%).
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