Meanwhile, the country risk was concluded this Thursday holiday above 1,400 units at 1,402 points.
Meanwhile, the country risk was concluded this Thursday holiday above 1,400 units at 1,402 points.
In a session marked by the beginning of the XL weekend and for which there are no operations in the local square, ADRs of Argentine companies that are listed in Wall Street They fell throughout the session after the US holiday on Wednesday.
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In this context, the papers of Argentine companies deepened the red by up to 8.4% with banking and energy values leading the cuts. He BBVA fell (8.4%); Macro Bank (-6.9%); Financial group Galicia (-5.2%); Irsa (-4.9%); Telecom Argentina (-4.9%); Pampa Energy (-4.3%) and Supervielle (-4.2%). The increases, meanwhile, were for Southern Gas Carrier (2 and Ternium (0.6%).
It should be remembered that andThe leading index S&P Merval closed with a rise of 1.2% to 1,576,462.370 unitsafter giving up a 1.6% in the previous session before selective profit taking. The biggest increases were led by the shares of Transener (+5.7%); Southern Gas Carrier (+3.6%) and Silver Commercial Society (+2.9%). For its part, the only paper that dropped was BYMA (-0.5%).
Bonuses
Bonds were also weak and dropped more than -0.5% in their dollar prices among the main references with foreign legislation. Even though analyzes of potential “upside” scenarios are multiplying among investors in the event of validation of economic normalization that allows convergence towards the returns of emerging markets.
In this way, ADRs and bonds in dollars during the local holiday failed to accompany a better tone in the New York market, which despite a new record for the S&P 500 also closed in red, and thus they are more cautious while operators They remain attentive to the new political and economic stage that could open after the Bases Law and fiscal package.
Meanwhile, the country risk was concluded this Thursday holiday above 1,400 units at 1,402 points.
