The leading index S&P Merval operates with an increase of 1% to 1,573,383.24 units, after falling a 1.6% in the previous session before selective profit taking.
The largest increases of up to 3% are led by Transenerfollowed by Edenor and Transportadora Gas del Sur (+2.3%), IRSA (+2.2%) and YPF (+2.1%). For its part, the only papers that go down are those of BBVA (-0.8%) and Cresud (-0.3%).
A local holiday on Monday paralyzed local activity, while on Wednesday financial markets in the United States will be closed due to the commemoration of the end of slavery and Thursday and Friday will again be a holiday in Argentina for “Flag Day” and a festive long weekend.
“We are in a week with too much desynchronization in operations with Wall Street as a result of the respective interruptions on no less than four wheels,” said economist Gustavo Ber.
Ber noted that ““Investors continue to pay attention to political and economic signals in the post-Bases Law stage.”
Last week, the Senate approved with modifications a package of reforms promoted by the ruling party that must be endorsed by the Chamber of Deputies.
Bonuses
In the fixed income segment, dollar bonds fall up to 1.7% led by the Global 2046followed by Bonar 2041 (-1.4%), the Global 2029 (-1.2%) and the Global 2030 (-1%).
Meanwhile, the CER operate with a majority of increases, led by the TZX27 (+1.2%) and the TZX25 (+0.8%), while those that fell the most were PARP (-1.3%) and the CUAP (-0.7%) and the TZX28 (-0.2%).
