Limited impact of the $ Libra case in the bag: the S&P Merval and the bonds fell to 3% in the week

Limited impact of the $ Libra case in the bag: the S&P Merval and the bonds fell to 3% in the week

He S&P Merval and Dollar Bonds They fell this Friday, February 21 and closed the week in red After the scandal happened with the Cryptocurrency $ Libraalthough over the days it seems to have dissipated its effect. Meanwhile the country risk reached 720 points, a maximum of 2025.

Within that framework, the BYMA Local Selective He lost a 1.9% to 2,364,529.49 basic points, while In the week it accumulated a drop of 1% in pesos and 2.7% in dollars. So far from February, it suffers a correction of 7.8% in pesos and 10.4% in dollars.

In this way, the actions of the leading panel that fasted the most in the wheel were Black Loma (-4.4%), Telecom (-3.7%), Supervielle Group (-3.5%), YPF (-3.4%); and BBVA (-3.3%).

Meanwhile, the Argentine actions that quote on Wall Street They closed with a majority of falls, although it stood out Globant, that sank 27.8%, after Issue a weaker forecast than expected for the first quarter of 2025and not fulfilling the perspective of the full year. Thus, their results of the fourth quarter were eclipsed, which exceeded the estimates.

Other important setbacks in the US were registered by Supervielle Group (-5.3%), BBVA (-4.7%), and Macro Bank (-4.4%).

Within the framework of the visit to the US for the CPAC Conservative Summit, President Javier Milei visited the IMF headquarters on Thursday to meet with the agency’s managing director, Kristalina Georgieva. “Today I received the president Javier Milei in it IMP To talk about the plan stabilization and growth from Argentina, is giving significant results “he said.

In that line, the head of the Fund referred to the negotiations carried out by Milei and the economic team led by Minister Luis Caputo to arrive at a new agreement that enables new disbursements. “Our teams continue to work constructively in pursuit of a new program with the IMF,” he closed.

Bonds and Risk Country

The fixed -income curve, meanwhile, closed disparate with a majority. The most prominent were those of Bonar 2029 and Global 2029, both 0.6%while at the other end the Bonar 2028 went up 0.8%.

In the week, the bonds fell up to 1.9% in the week.

In that context, the country risk A unit rose 720 basic points, according to the measurement of JP Morgan.

Source: Ambito

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