BYMA’s leading S&P Merval stock index fell 0.1%, to just over 88,000 points, after accumulating a drop of 3.6% in the previous two sessions.
“Although we move away (at least for now) from the possibility of a break with the IMF, political noise continues to put pressure on the local market”, PPI analysts said and noted that “Meanwhile, Alberto Fernández’s passage through Russia and China leaves little to analyze.”
Let us remember that the leader of the government coalition in the Chamber of Deputies, Máximo Kirchner, resigned on Monday from his position as president of the bloc, triggering multiple speculations.
For his part, President Alberto Fernández said on Thursday during his visit to Russia that the country should abandon its “dependence” on the US and the IMF.
In the fixed income segment, bonds in dollars lost up to 2.4%, with falls led by the Bonar 2029.
For its part, the Argentine country risk rose 0.2% to 1,762 basis points.
Source: Ambito
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