The S&P Merval falls 1.6% and stands at 573,117.230 units, after marking an intraday record of 583,387.92 points the day before.
The port bag falls this Friday, August 18, due to expected profit takingafter a six session bull run consecutive years in which it accumulated a strong rise in the 26.24%after the surprise victory of the extreme right in the recent primary elections held last Sunday.
In that framework, the S&P Merval falls 1.6% and is located in the 573,117,230 unitsafter marking an intraday record of 583,387.92 points.
In that scenario, the local actions which lower are those of Northern Gas Transporter (-5.2%), Southern Gas Transporter (-4.4%) and Commercial Society of Silver (-3.6%). Meanwhile, the only papers that go up are those of black hill (+0.7%) and Supervielle Group (+0.6%).
For their part, the argentinian shares that trade in Wall Street operate with majorities of increases, headed by those of black hillthat advance 2%and followed by BBVA (+1.5%) and IRSA (+1.3%).
“Both Actions Like the bonds experience large doses of volatility day after day,” said Mauro Nataluccide Stock Rava.
“The Argentine ADRs contributors in New York maintain a indefinite trendgenerated by the same uncertainty that invades the market after knowing the result of the STEP”, he pointed out.
the liberal candidate javier milei was the candidate with the most votes on Sunday in the primaries preparatory for the general election October. That, added to a 22% devaluation recent is encouraging a move towards private sector assets and in Dollars by investors looking for cover.
Bonds and country risk
The Argentine dollar bonds they operate mixed. With increases led by the bonuses 2041 (+2.6%) and the greatest casualties marked by the Overall 2038 (-2.9%).
Given these data, the risk countrymeasured by JP Morgan bank, falls off by third round in a rowuntil the 2,168.00 points.
Source: Ambito
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