After the National Congress gave the Green Light to the DNU that enables the National Government to renegotiate a new agreement with the International Monetary Fund, Argentine fixed income closed with a majority of increases, but the ADRs retreated on Wall Street.
The shares fell, but the bonds were over closed with a majority of increases This Thursday, March 20, a day after The parliamentary approval of the DNU that enables the agreement with the IMF. Beyond this, fears for the future of the exchange regime and tensions on an agreement with the Backgroundthey still weigh among investors.
Within that framework, the S&P Merval fell 1.3% to 2,361,582.89 basic points, while measured in dollars (CCL) yielded 0.7% to 1,839 points.
However, the actions that fell in the day were: Macro Bank (-3.3%), Galicia Financial Group (-2.7%), and Aluar (-2.6%).
In Wall Street, the Argentine Companies Papers operated with a negative tendency. The assets that descended the most were Bioceres (-6.1%); Macro Bank (-3.7%); and Globant (-3.5%).
Bonds and Risk Country
As for local fixed income, the Bonds Sovereign in dollars closed with a majority of advances, led by the Global 2038 (+2.1%), the Bonar 2041 (+1%), and the Bonar 2029 (+0.8%).
Meanwhile, the country risk lowered 1.9% to 762 basic points.
Source: Ambito
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