Merval reduced its negative trend and grew by 1.9%

The stock market cut a series of four consecutive losses, and tested a technical rebound of 1.9%, investors being alert to the volatility of the exchange rate and the mega-bid Lebac of the Central Bank that has an impact on liquidity

With a limited operating volume, the Merval index of Bolsas and Mercados Argentinos (BYMA) ended with an index of 26,765.07 units. The largest increases were recorded by Metrogas (+ 4.9%); Transener (+ 4.6%); and Petrobras (+ 4.1%)

The amount negotiated in private newspapers reached only $ 451 million.

• Bonds

In the fixed income segment, dollars (quoted in pesos) peaked with disparity, in the midst of a rebound in US dollar on the wholesale market Changes.

In this context, the Bonar 2024 added a marginal 0.1%, the 2020 Bonar advanced 0.5%, while the reduction under Argentine law lost a limited 0.1% and the loonie was the largest in the world. 100-year bond fell 1%.

Finally, the country risk measured by JP Morgan, It increased by eight units, to 579 basis points.