In the leading panel, the main increases correspond to Cresud (+3.4%), Cablevisión (+3%), and Aluar (+1.7%). The losses, for their part, are led by Loma Negra (-0.6%), Transportadora Gas del Norte (-0.5%) and Byma (-0.3%).
The doubts refer to the future expiration that the country will have to face in March of some US$2.9 billion to the IMF, at a time when the reserves of the Central Bank (BCRA) are at a negative level. This context would force President Alberto Fernández to deal with what was agreed in Congress to avoid payment.
For its part, ADRs extend the increases obtained in the previous session to almost 4%, led by Cresud (+3.8%), Banco BBVA (+2.7%), and YPF (+2.7%). The main decrease is from Edenor with 0.7%.
Bonds and country risk
In the fixed income segment, sovereign bonds in dollars operate with most downgrades. The greatest decrease corresponds to Bonar 2038 (-1.7%), Global 2030 (-1.4%) and Global 2035 (-0.9%).
For their part, CER-adjusted Bonds rose 0.8% due to the expectation that the number of the Consumer Price Index (CPI) measured by INDEC would be known and could be higher than expected.
Country risk rises 0.5% to 1,778 basis pointsfor the third consecutive day.
Source: Ambito
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