The ADRs climbed up to 9% on Wall Street and S&P Merval in dollars touched a maximum of almost two weeks

The ADRs climbed up to 9% on Wall Street and S&P Merval in dollars touched a maximum of almost two weeks

Argentine actions extended good performance this Friday Registered on the previous day and climbed up to almost 9% on Wall Street, with investors attentive to the start of commercial negotiations between the US and China this weekend. For their part, the dollar bonds closed with majority of casualties and the Country risk closed the week below 700 basic points.

In the US, the Argentine Variable Income advanced up to 8.8%, by the hand of Central Puerto, Edenor (+4.5%), E YPF (+6.1%).

At the local level, the stock market was differentiated from the markets of the region and the S&P Merval increased 2.6% to 2,114,385.52 points, while measured in dollars gained 2.4% to 1,824 points, the highest level in almost two weeks.

Among the leading actions that advanced the most appeared: Port Central (+8.6%), Edenor (+8.1%) E YPF (+6.3%).

In the weekly balance, the leading panel climbed 3.8% in dollars and 0.6% in pesos.

In this context, the S&P 500 closed with a marginal fall of 0.07%, accumulating in the week a decrease of 0.47%. In addition, the 10 -year bonus rate remained at 4.38% (+8bp WTD), and WTI oil earned 2% au $ 61,10 (+4.75% in the week).

Bonds and Risk Country

In parallel, the Sovereign bonds in dollars They closed with a majority. Despite some negative wheels in the week, the sovereign debt in dollars culminated positive in the week and exhibited returns in dollars of up to 0.8%.

In the same tune, the Argentine country risk fell from 703 points to 678 points in the week. It should be noted that the external context was positive for the sovereign bonds of greatest risk (ETF EMB +0.2% WTD), which contributed to the performance of the Argentine debt, indicated from PPI.

On the other hand, the Bopreals were ordered and about 70 cents average, accumulating in the week a rise of 1.5%.

The CER segment was generally firm and rose 0.5%, highlighting the long section (in the week the bonds wins an average 2.6%).

Fixed rate bonds rose 0.3% average, showing value in the long part that earned 1%. Thus, the universe fixed rate accumulated in the week 0.6% in the short section and 2% in the long section. Finally, the Floaters bonds rose 1.2% today, and end the week with accumulated profits of 3.2% average, SBS reported.

Source: Ambito

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