S&P Merval rebounds, but bonds fall and country risk remains firm above 1,500 points

S&P Merval rebounds, but bonds fall and country risk remains firm above 1,500 points

August 27, 2024 – 12:49

The political tensions facing the Government in Congress are worrying savers.

Depositphotos

The Markets are trading with moderate gains This Tuesday, August 27th through the re-entry of investment fundsat a time when customer portfolios are being tightened given the proximity of the end of the month. In this context, the bonds operate in red, while the country risk remains at 1,500 points. In equities, the S&P Merval and ADRs rise almost 3%.

He S&P Merval bounces a 1% to 1,608,129.33 units, after giving up a 0.9% in the previous session due to the marked selectivity that the market is experiencing. In this context, the shares rise to 2% headed by Supervielle, Galicia Financial Group (+1.9%), YPF (+1.9%), Bank Macro (+1.8%) and Pampa Energy (+1.7%).

Political tensions both within the ruling bloc in the House of Representatives after the visit to the genocides in the Ezeiza prison, as well as the apparent break with the dialogue-oriented opposition, put the president in check. Javier Milei and the economic program, which worries savers.

Bonds and country risk

In the fixed income segment, the dollar bonds falls until 2.8% headed by the Global 2041followed by the Bonar 2041 (-1%) and the Global 2038 (-0.9%). The country riskmeasured by the JPMorgan climbs 13%, or 2 units, to the 1.518 basis points.

The CER curvefor its part, operates with almost generalized increases of up to 1.3% led by the PARPfollowed by the PAP0 (+1%) and the TZX27 (+0.9%). The only ones that are going down, barely 0.1%, They are the TX28 and the CUAP.

The BOPREALmeanwhile, yield up to 1% and the dollar linked they do so up to 0.3%.

Source: Ambito

Leave a Reply

Your email address will not be published.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

Latest Posts