Dollar bonds on track to end February down as much as 9%

Argentine bonds in dollars show mixed variations in the last round of the month, in line with the performance of major external equity indices and emerging markets. In this way, they are directed to to close February with accumulated declines of up to 9% during the month.

The sovereign securities in dollars that behave according to foreign laws recorded this Tuesday losses of up to 0.1% on the short part of the maturity curve and increases of up to 0.17% on the longest, while risky country it gave up 11 basis points to 1,955 units.

Despite the up to 12% advance that dollar bonds have accumulated over the past week, in February they registered general declines. The biggest declines are recorded in the shortest part of the curve, where the titles expiring in 2029 and 2030. accumulate falls of about 9 percent.

STOCKS, MIXED

Argentine stocks show a similar performance. Shares of companies have shown mixed variations since the beginning of the day, although declines also prevail, amid the disparity observed on Wall Street, where Dow Jones falls 0.50% and nasdaq advancing 0.17 percent.

Among the companies listed on the US market, stocks led the decline Supervielle, which fell by 1.7%, followed by a 1.5% decline in those of Telecom and YPF. The biggest increase, on the other hand, was recorded in property cresud (2%), Free market (1.4%) i irsa (1.2%).

The wheel is also largely negative for stocks in the local market. He S&P Merval brings 0.6% and most of the leading panel operates in the red. The main losses occurred in the energy sector, with YPF (-1.9%) i transener (-1.4%), while the main increases are those of cable TV (1.8%) i cresud (1.5%).

Unlike bonds, Argentine stocks aim to end the month mixed. The most important cumulative increases are found in the side effects of cresud and BBVA, which progress by 15% and 9%, respectively, while the main declines are those of Telecom (12 i Taking off (-9.7%).