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S&P Merval shares rise up to 5% and dollar bonds fall

S&P Merval shares rise up to 5% and dollar bonds fall
S&P Merval shares rise up to 5% and dollar bonds fall

The expectation is that the market will remain a little calmer. However, as always the market is volatile, there may be some news or something that affects it and that makes the nervousness return.

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The dollar-denominated bonds erase the positive trend with which they started the day this Friday, July 5. Meanwhile, the actions of Argentine companies that are listed in Wall Street rise up to 4% after the holiday in the United States.

The main losses are for the Global 2041 which yields 1.5%, followed by Bonar 2041 which cuts 0.7%, Bonar 2029 and the Global 2038 which fell by 0.4%.

Eric Paniaguafrom EPyCa Consulting, explains to Ambit The expectation is that the market will remain a little calmer. However, as always the market is volatile, there may be some news or something that affects it and that makes the nervousness return and puts pressure on the country risk and the bonds downwards. “We have to wait,” he adds.

The leading index of the Buenos Aires stock market, the S&P Mervalclimbs 1.4% to 1,634,458.58 units and is heading to close the week with an increase of more than 1%. In the panel, the stocks that advance the most are those of Commercial of the Silver (+4.6%); Pampa Energy (+4%); Southern Gas Transporter (+3%); BBVA (+2.7%) and Northern Gas Transporter (+2.4%). Those that have fallen the most are those of Bank of Securities (-0.7%); Telecom (-0.7%) and BYMA (-0.6%).

SARD

Meanwhile, Argentine stocks trading on Wall Street are trading with a majority of advances, led by Free market (+4.2%); Pampa Energy (+2.5%); BBVA (+1.5%) and Central Port (+1.2%), while those that fell the most are Supervielle Bank (-1.4%); Macro Bank (-1.3%); Despegar.com (-0.6%); and Fin Group. Galicia (-0.1%).

Source: Ambito

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