In the weekly balance, meanwhile, the index S&P Mervalwhich includes the leading papers, fought all week for staying up and finally achieved a minimum positive in dollars (+0.4%), and an advance of 4.5% in pesos. In turn, sovereign bonds They fell and the country risk It went up to almost 770 points.
Valued in pesos, the Buenos Aires bag trepó 31% This Friday a 2,433,538.15 basic points, while In American currency the rise was 2.8%.
The roles that uploaded the most in the day were Silver Commercial Society (+5.7%), Supervielle Group (+5.3%), Metrogas (+4.4%), Edenor (+3.9%) and Galicia Financial Group (+3.7%).
Also, the ADRS also They closed with green In Wall Street, highlighting the advances of Supervielle Group (+4.9%), Galicia Financial Group (+3.9%), Black Loma (+3.7%), Pampa Energy (+3.6%), and Telecom (+3.4%).
In the balance of the last five wheels, the Argentine actions that quote in Wall Street They went up to 3.7% headed by Free marketfollowed by Black Loma (+3.1%), IRSA (+2.6%) and Cresud (+2.6%). Among the casualties were those of Macro Bank (-3.1%) and Globant (-2.5%).
In the international sphere, the Federal Reserve kept the monetary policy rate in the range of 4.25% to 4.50%. A greater emphasis was made on economic uncertainty and Growth projections for 2025 and 2026 were reviewed while inflation forecasts (PCE) were reviewed upwards by 2025 and 2026.
Within the region, the Central Bank of Brazil increased the Selic in 100 Basic points towards 14.25%, As expected.
Bonds in dollars and country risk
In the fixed income segment, The bonds failed to recover and closed with a negative trend. The contractions were headed by the Global 2046 (-0.9%)he Bonar 2038 (-0.4%) and the Global 2038 (-0.3%).
In that context, the country risk It rose 7 units (+0.9%) to 769 basic points. In the week, the index that measures the JP Morgan increased 4.3% (32 units).
Approaching the closure of the wheel, it transpired that the IMF would discuss next week the new loan with Argentina, by about US $20,000 millionat an informal meeting before the official meeting that the Board of Directors would do in mid -April, as reported Bloomberg. After this data, the sovereign debt in dollars moderated the fall.
The market is still expectant to news about negotiation with the International Monetary Fund (IMF). This Wednesday, the Chamber of Deputies gave the Green Light to the government to advance in a new program with the agency in search of adding extra indebtedness that covers the international reservation hole of the Central Bank.
In the week, the BCRA lost US $ 1,462 million reservations This week and they reached the U $ 26,626 milliona minimum since September 2024.
“This Friday’s wheel had the same dynamic as the bad days of the week. It started with a defendant dollar, with Rofex up 1% and bonds in weak pesos. But at 2 pm the futures began to loosen Nicolás Cappella of IEB Group.
Source: Ambito
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