A fact to highlight was that no casualties were recorded among the 20 shares of the leading index.
However, the best of the wheel was in the general panel, with double-digit increases in the assets of Autopistas del Oeste (+ 14.3%); and of Molinos Río de la Plata (+ 13.5%).
The amount operated in these private papers touched just $ 638 million. On the day, there were 85 increases, 17 losses and 6 actions without changes.
In the square they emphasize that the S&P Merval "is back in the race", although to overcome the area of 28,500 points, it should do so with a substantially higher volume.
After the strong recovery they tested in the last wheels, domestic assets are interspersing more disparate behaviors between bonds and stocks. "This happens at the rhythm of the" betting "bets that activate speculative funds from abroad in search of tactically capturing any technical rebound after heavy accumulated punishments," said economist Gustavo Ber.
Anyway, "the volatility of financial assets will remain high, while political signals – like the behavior of the exchange rate, and reserves – will be key to maintaining the short-term rebound", estimated Portfolio Personal Inversiones.
On Wall Street, meanwhile, Argentine stocks ended up with a majority of positive results. The most important advances were noted by the roles of Ternium (+ 5.8%); Take off (+ 4.2%); Corporation America (+ 2.9%); and Tenaris (+ 1.8%).
It was on a day where the main indexes of the New York stock market culminated the session with ups and downs. The Dow Jones Industrial Average gained 0.3%, to 26,909.43 units; the S&P 500 advanced a slight 0.03% to 2,979.39 units and the Nasdaq Composite fell 0.04% to 8,084.16 units.
Apple shares rose 1.2% after announcing that on November 1 will launch its Apple TV + streaming service, and to present the latest iPhone update.
Country risk and bonds
The Argentine country risk again climbed positions this Tuesday before a new decline in sovereign bonds for speculative portfolio movements, while the dollar remained balanced thanks to the new financial rules implemented by the Government.
"The Government and the Central Bank have managed to calm the situation, but I think it is temporary because there is a lot of uncertainty about what will happen after October," Juan Pablo Fuentes of Moody's Analytics in Pennsylvania told Reuters.
The index prepared by JP Morgan bank rose 39 units, to 2,092 points basic, after breaking down 2,000 units on Monday and touching last week levels of 2,600 points.
In the local over-the-counter plaza, sovereign bonds nominated in dollars ended with a majority of losses, except for Bonar 2024.
In this sense, the Discount under Argentine law lost 4.1%; the 2020 Bonar fell 3.4%; but the aforementioned Bonar 2024 amounted to 3%.
The firmness of this bond has to do with the famous "curl", which speculative investors continue to "jump" the exchange rate, they said from Rava.
This explains the record volumes that have been recorded in this title, both in pesos and dollars.
Meanwhile, bonds in pesos presented a mixed trend: the main increases were in the TJ20 (+ 21.5%); and the TC21 (+ 11%).
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