Government bonds traded in the red, while shares of Argentine companies had mixed returns on Wall Street and the local market.
Argentine bonds in dollars this Friday they returned to operating in the red, which encouraged risky country while it was close to re-exceeding the 2,000 basis point threshold on the day the major foreign stock market indices recorded negative variations in a general way.
Dollar-denominated government securities regulated by foreign legislation fell along the entire maturity curve. The biggest drops, which ranged up to 1.2%, were recorded among those who Expires in 2035 and 2030. while country risk increased by 22 basis points to 1996 units.
Variable income, on the other hand, showed a uneven performance Shares of Argentinian companies were mixed, suffering a decline of up to 1.7% (nasdaq) that are registered on the US market, in the midst of the presentation of corporate balance sheets and the publication of relevant data for the economy of that country.
Among U.S. listed companies, papers led the rise BBVA and edenor, which recorded progress of 5.2% and 2.4%, respectively. The biggest declines, on the other hand, were recorded in the papers of the technology sector, such as those from globant (-3.8%) i Taking off (-3.5%).
The assets of the companies showed a similar effect on the domestic market. Index S&P Merval ended the day up 0.1%, with the leading panel performing mixed. They also led the rise in this market BBVA (3.4%), and the main falls occurred in transener (-3.3%).
Source: Cronista
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
