In that context, the S&P Merval climbs 0.6% at the start of the week until 1,235,719.20 units, after uploading 14.8% in the previous week. The good performance of the stock market is encouraged by purchases of investors seeking to position themselves in assets given an improvement in the country’s economic prospects and for a greater flow of foreign investments towards risk markets.
In the leading panel, shares rise up to 3.3%, led by IRSA, they follow him YPF (+2.8%), Northern Gas Carrier (+2.5%) and Southern Gas Carrier (+2.2%). Meanwhile, those that decrease the most are those of Central Port (-2%), Mirgor (-1.8%) and Silver Commercial Society (-1.3%).
“Part of the strength of the local market is because of the global process of greater optimismwhich causes more investments to go to countries and sectors that are considered speculative, and in part it is due to hopeful local expectations,” he said VatNet Financial Research.
Argentina achieved a primary fiscal surplus of 1.23 trillion pesos (about 1,448 million dollars) in February, in the midst of a abrupt reckoning promoted by President Javier Milei.
From IEB They explained that “despite the political noise last week with the rejection of the DNU in the Senate and rumors of conflicts between the vice president and the president, the Bonds continued to rise driven by good news on several fronts at the local level and a constructive international context for emerging credits. Especially driven by the February fiscal data that shows a financial surplus for the second consecutive month despite the drop in collection. Added to this is the recomposition of reserves by the BCRA.”
Bonds in dollars and pesos: how much they operate at today, Monday, March 25
The dollar bonds and weights disparate prices this Monday, which led to the risk country to cut his downward streak of six wheels in a row, by rise slightly to 1,435 basis pointsas measured by JP Morgan.
At the local level, the dollar bonds that rise the most are the Global 2038 (+5.5%), the Global 2041 (+2.9%) and the Bonar 2029 (+2.7%) while those that fell the most were Bonar 2041 (-1.3%) and the Bonar 2038 (-0.6%).
In the peso segment, the CER debt securities They operate with a majority of casualties. Those who give up the most are the TX26 (-1.4%) and the PAP0 (-1%) while the only ones that rise are the TX28 and the PARPboth 0.9%.
ADRs
In wall street, the Argentine stocks they quote mixed. Those that rise the most are those of IRSA (5.2%), YPF (+2.1) and Edenor (+1.6%) while those that lost the most were those of Free market (-2%), Central Port (-1.9%) and Macro Bank (-1.4%).
Source: Ambito
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