He S&P Merval reported an increase in its closing of 0.51%, after several days of decline and before that a day where there were specific purchases with a limited operating volume. But the Buenos Aires stock market in dollars closed in the red with -1.9%, and it was due to the holiday in the United States, in honor of the commemoration of the death of Martin Luther King, conditioning the Wall Street stock market.
At the national level, the factors that determined the Buenos Aires stock market panel were, the trip to the Davos summit of President Javier Milei and the monitoring of the treatment of the Omnibus Law.
With regard to stocks, the increases in agriculture Cresud with 4.40% and the gas transporter TGN with 3.44%, Pampa Energy with 2.89% and Transene With 2.71%, they were the ones that pushed upwards during the day. Not so, companies like Valo Financial Group with -1.78% and the Banco Supervielle with -1.70%, which were quoted lower.
The ADR’S were not listed on the world’s main stock exchange due to the holiday.
“Is about a quiet day due to inactivity on Wall Streetwith purchases that are used as hedges to wait for the dollar’s performance tomorrow (Tuesday), that is why it is (a round) typical of arbitrage with positions already decided last week,” they declared from Bull Market.
On the other hand, sovereign bonds maintained their positive streak with the AL30 (2.88%), the AL29 (2.37%) and the AL35 (2.20%), which were the ones that quoted the most.
The behavior of these bonds was also due to a context after a successful third auction of bonds intended for the cancellation of commercial debt, the Central Bank of the Argentine Republic (BCRA), which allowed importers to liquidate the title on Monday .
This facilitated the increase of the counted dollar with settlement (CCL) to obtain foreign currency. Consequently, starting in February, the possibility of using the official exchange rate will be opened to settle commitments not linked to the subscription of these titles.
Finally, fixed income in dollars had an impact on BB37D (2.51%) and the BA37D (2.37%), marking losses only AE38D (-0.67%) and the AL35D (-0,29%).
2024-01-15 21:31:13
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