Meanwhile, the country risk rises again this holiday Friday above 1,400 units and marks 1,414 points.
Meanwhile, the country risk rises again this holiday Friday above 1,400 units and marks 1,414 points.
In a session marked by the second holiday of the XL weekend and for which there are no operations in the local square, the ADRs of Argentine companies listed on Wall Street they extend the red of the previous session in which they sank up to 8.4%, with banks and energy companies leading the falls.
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In this context, the papers of Argentine companies deepen the red and give way again in the last wheel of the New York square. Banking and energy stocks moderate the sharp cut. Telecom Argentina (-4.3%); IRSA (-4.1%); Central Puerto (-3.7%); Transportadora de Gas del Sur (-3.5%) and BBVA (-3.2%). The increase is for Loma Negra (0.7%).
Bonuses
Bonds are also weak and extend the losses of the previous session, in which they cut 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 dollar bonds during the local holiday accompany the bad tone that the New York plaza presents. Meanwhile, the country risk rises again this holiday Friday above 1,400 units and marks 1,414 points.
