Financial Day: Argentine Bonds Went up and the Country Risk Fell, but the Shares Yielded for the Fourth Day in a Row
8 Articles
8 Articles
The Wall Street and São Paulo Stock Exchange casualties marked a 1% drop for MSCI Merval. Global bonuses bounced 0.7% and the JP Morgan indicator dropped to 741 points. BCRA bought dollars after three wheels without intervention
This Thursday’s financial day left a mixed picture for Argentine markets. On the one hand, sovereign bonds exhibited a healthy positive reaction and allowed a new drop in country risk; on the other, the negative trend in international markets infected domestic stocks, which closed on negative ground. On the other hand, the...
The bond listing improved.
The fixed income, heavily hit on the last wheels, rebounded on Wall Street and in the porteña stock market, while the country risk receded almost 3%.
The rollover of the last tender was positively analyzed by the market, in what would be a decoupling of the bonds with respect to the international turbulence.
The sovereign debt in dollars increased 0.5% on Wall Street and cut the index of JP Morgan in 12 units. In contrast, the S&P Merval yielded 0.8% and the ADRs operated in red dragged by a new fall of the Bovespa of São Paulo, where financial caution persists after the election result in neighboring [...]
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