Argentine Shares Bounce up to 9% on Wall Street, While Country Risk Closes the Week Above 840 Points
6 Articles
6 Articles
Argentine Shares Bounce up to 9% on Wall Street, While Country Risk Closes the Week Above 840 Points
The roles of local companies tend to rise both on Wall Street and in the local market; the indicator developed by JP Morgan abandons the downward trend of the last four wheels
The Merval cuts a negative four-day streak.The dollar remains at $1,570 at the National Bank.
The country risk falls on a sensitive day for Wall Street after the resignation of the CEO of Nvidia, which chained that much of the actions linked to artificial intelligence deteriorate. Read more
The indicator loses 11 units compared to the previous day. Meanwhile, ADRs operate with mixed results.
Local assets and foreign dollar bonds reversed the trend and resumed an upward path, the index measured by J.P. Morgan loses 1.3% and is located at 841 basis points. While dollars remain stable.
The sovereign bonds in dollars operate with a majority of losses on Thursday, November 12, and cut a three-day run in a row of ups. In parallel, the country risk reached 867 basis points during the wheel, but then receded to 841 units. Among the Global titles, the losses reach all the sections of the curve. Global 2029 recedes 0.22%; Global 2030, 0.16%; Global 2035, 0.50%; and Global 2038, 0.44%. At the longest maturities, the Global 2041 loses …
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