The Government seeks to increase export settlements to strengthen foreign exchange reserves, at a time when it is negotiating with the International Monetary Fund (IMF) an advance of disbursements and new goals.
The porter bag It loses positions this Tuesday due to profit-taking encouraged against the all-time high in pesos noted the day before, due to the hope of a prompt agreement between the Government and the International Monetary Fund (IMF).
The S&P Merval falls 0.4% to 464,640.28 points, after marking an intraday record of 479,111.96 units on Monday. Meanwhile, Argentine papers on Wall Street operate with the majority of falls of up to 2.2% led by Transportadora Gas del Sur, followed by Banco Superville (2%) and Edenor (2%). Meanwhile, the increases of up to 3.3% belong to Loma Negra, Ternium (2.5%) and Telecom Argentina (1.2%).
The Government seeks to increase export settlements to strengthen foreign exchange reserves, at a time when it is negotiating with the International Monetary Fund (IMF) an advance of disbursements and new goals of its economic program for US$44,000 million.
Bonds and country risk
In the fixed income segment, sovereign bonds in dollars operate with falls of up to 2.5% led by Bonar 2035, Bonar 2029 and Bonar 2030 (1.5%) and Global 2041 (-1.1%). The only two increases respond to Global 2035 (0.4%) and Global 2041 (0.8%).
Thus, the country risk advances for the second consecutive day by 1.8% to 1,985 basis points.
Source: Ambito
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