Milei returned from the United States after leading a series of meetings with the background, but without news under his arm. In the meantime, the country risk continues to 750 points, without catalysts in sight.
He S&P Merval fell strongly on Tuesday, February 25, while Bonds in dollars again descended and the country risk He approached the 750 Basic points, maximum of two and a half months. Waiting for news from the International Monetary Fund (IMF), The markets still have a clear direction and the profit taking is deepened.
He leading byma index He yielded 2.8% a 2,282,898.85 basic points. Among the leading actions that lower are: Port Central (-5.1%), Passener (-4.3%), Black Loma (-4.1%), Metrogas (-4.1%), Supervielle Group (-3.9%).
The ADRSmeanwhile, they have a similar performance: the one that further down is Port Central (-5.6%), followed by South gas transporter (-3.4%), Pampa Energy (-2.9%) and Telecom (-2.6%).
Milei He returned from the trip to USA where he met with The managing director of the IMF, Kristalina Georgievawith US President Donald Trump during the Conservative Political Action Conference (CPAC), with the magnate Elon Musk that leads the US government efficiency department, more IDB officials and the World Bank. However, He did not bring news under his arm.
“The market is still expectant in terms of novelties of the agreement between Argentina and the IMF, which are not yet specified. That is, despite Trump’s support samples towards Milei over the weekend, with a symbolic but important character, The market continues to prioritize the concretion or not of firm news to continue evaluating how Argentina can honor its long -term commitments, normalizing the economy, mainly in the exchange rate by removing the current controls, “he said Juan Manuel Francochief economist SBS group.
Bonds in dollars and country risk
In the local square, meanwhile, the dollar bonds that descended the most were: the Global 2029 (-1%), the Bonar 2029 and the 2030which fell 0.7%, and the Global 2046 (-0.6%).
Thus, the country risk climbed 2.5% to 748 basic points, According to the index that measures the JP Morgan. A new maximum since December 6, 2024.
Source: Ambito
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