The Buenos Aires stock market continues to rise after closing August with a good performance. The US markets remain closed for the Labor Day holiday.
The dollar bonds The week started off mixed after the strong rise in the last round of August. For its part, the Buenos Aires stock exchange extends rise and the actions climb up to 3%. In Wall Street, This Monday, September 2, there is no operation due to the Labor Day holiday.
Bonds, no activity on Wall Street
The sovereign bonds in dollars that have risen the most are the Global 2046 (+3.4%), the Bonar 2029 (+0.8%) and the Bonar 2035 (+0.4%). Meanwhile, those that fell the most are the Global 2038 (-1.8%), the Global 2029 (-0.8%) and the Global 2041 (-0.4%).
The CER curvefor their part, climbed up to 0.9%, led by the DIP0, followed by the TZX26, he TZX28 and the PARPwhich climb 0.3%. The only ones that go down are the TZX27 (-1.6%), the TX28 (-0.3%) and the CUAP (-0.3%).
The BOPREAL climb to 1.7%, while the dollar linked rise up to 1.5%.
This Monday, the Government veto totally the pension reform approved by Congress, which established a new formula for calculating pensioners’ income. Now it will be the turn of the Legislative Branch, which must decide whether or not to continue with the project.
In addition, the president confirmed on Sunday in an interview with LN+ that the The ruling party will begin to “coordinate laws with the PRO” and that expects an interblock to be generated between Freedom Advances and the PRO.
S&P Merval shares
The leading index, S&P Mervalclimbs 0.9% to 1,733,022,940 units, after which advance 16% during August. On the panel, the actions that are scaling the most are those of BYMA (+2.9%), followed by Black Hill (+2.5%), IRSA (+2.3%) and BBVA (+1.9%), while those that fell the most were those of Aluar (-0.6%), Cresud (-0.5%) and Edenor (-0.4%).
Source: Ambito
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