S&P Merval and bonds fall, but energy stocks rise up to 7% due to tariff updates

S&P Merval and bonds fall, but energy stocks rise up to 7% due to tariff updates

The porteño bag started this Wednesday with a small drop within the framework of the short week, after a long inactivity due to the holiday Easter and the Day of Veterans and Fallen in the Falklands War. The market is readjusted to the values ​​traded abroad in recent days.

In that context, the S&P Merval index lose a 1.1%to 1,199,936.61 unitsafter finishing March with a strong increase of 19.6%.

In the leading panel, stocks suffer drops of up to 5% led by bank papers. Those that yield the most are Macro Bank (-5.3%), Supervielle Group (-3.8%), Black Hill (-3.5%) and IRSA (-3.4%). On the contrary, those that rise the most are Southern Gas Carrier (+7.3%) and Northern Gas Carrier (+2.7%), after the increase implemented by the Government in service rates, as well as Cresud (+3.3%).

“Domestic assets continue to seek to show off their greater recent independence and thus extend the dizzying improvements accumulated in recent times,” said the economist. Gustavo Ber.

Bonds in dollars: how much they operate at today, Wednesday, April 3

Like stocks, dollar bonds They also come from recording important increases so far this year, in this case it was up to a 49% in the first three months of 2024. However, they started April on the downside.

The coupons in dollars that fall the most are the Bonar 2035 (-2.2%), the Global 2035 (-1.5%) and the Bonar 2029 (-1.3%) while the only ones that rise are Bonar 2038 (+0.2%) and the Bonar 2030 (+0.9%).

In that context, the Country risk climbs 11 units to 1,450 basis pointsas measured by JP Morgan and reached a maximum value in almost 15 days, when on March 21 it reached 1,460 points.

Bonds in pesos: how much they operate at today, Wednesday, April 3

In the CER fixed income segment, securities fell up to 2.4% led by the DIP0followed by the PARP (-2.2%) and the CUAP (-1.9%). Meanwhile, the only ones who rise are the TX26 (+1.6%), the TZX25 (-0.7%) and the TX28 (-0.6%).

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts