The Buenos Aires stock exchange and the Argentine shares on Wall Street continue to fall

Index Merval of the Buenos Aires Stock Exchange fell this wednesday 1.40% at 29,921.69 points in the middle of devaluation of more than 30% Argentina in the last three days, after the overwhelming victory of Alberto Fernandez sure Mauricio Macri in primary elections.

The stock market fell again after recovering Tuesday 10 almost 40 points lost Monday after the elections. The overall balance of the actions made 58 victims, 48 ​​increases and 11 communications unchanged. The volume of shares exchanged was 1,768 million pesos ($ 28.43 million).

In the table of main actions, the electricity carrier recorded the largest loss. Transener (-11.07%) and the largest increase is for the air conditioner manufacturer Mirgor (+ 12.45%).

Pampa Energía: for the decline of the share buyback

In turn, most Argentine shares in Wall Street fell after resuming yesterday, the worst performance being that of the ADR's Edenor (-12.70%), Irsa Properties (-14.01%) and Black Hill (-9.55%).

In the same way, Argentine bonds posted declines of up to -16.79%. This is why Argentine bonds are listed at default prices. Therefore, the JP Morgan Country Risk, which measures the credit spread of US Treasuries with emerging peers, has increased by more than 10%, above 1,900 basis points for the first time since April 2009.

Risk Country reached 1946 points, which means a Up 9.90% from nearly 1771 points on Tuesday. The maximum of Macri had been in June 2018, in full exchange and in agreement with the International Monetary Fund, where the 1013 points

J.D./C.P.