In that context, the S&P Merval index gains 0.12% and reaches 549,215.45 points, after giving up 6.26% in the previous five sessions.
According to the head of a stock brokerage, this is because “there are tempting prices to enter the market, such as in energy and financial items, but liquidity does not help the market and neither do the fears of those who may be large buyers of Actions”.
The intrigue over the name of the future Argentine president, given the parity shown by the results of the August primaries, triggers uncertainty in the financial markets in the face of the different economic proposals of the candidates with the greatest chances.
ADRS of Argentine companies on Wall Street
The shares of Argentine companies on Wall Street show a bullish majority, with increases of up to 1.08%, led by Supervielle; Banco Macro (+0.98%) and Loma Negra (+0.85%). Meanwhile, there are quite marked falls in the shares of Mercado Libre (-2.58%), Telecom Argentina (-2.51%) and Despegar.com (-1.17%).
Bonds in dollars and country risk
Dollar bonds, meanwhile, dollar bonds regain ground this Tuesday and rise up to 2%, led by AL35, Global 2029 (+1.5%) and AL41 (+1.5%). Only AL29 fell (-3.2%). And the country risk rises 3 points, to 2,368 units.
Source: Ambito
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