He S&P Merval index it falls back 1.78% and stands at 299,288.53 basis points. In this way, cut five consecutive sessions with profits. In the external market, the ADRs of Argentine companies that operate abroad trade with ups and downs, in a wheel in which the main US shares operate with a positive trend.
In the fixed income segment, the sovereign dollar bonds under foreign legislation they register decreases of up to 2.08%, led by the Global 46, while titles in pesos are traded with increases of up to 0.90%, led by the TX24.
In the market of pesos, in the wheel of Thursday, the National Treasure placed $1.16 trillion in securities on the market and renewed 120% of the maturities it faced in the second tender of the month, one of the most important in the history of the Argentine economy in terms of debt in local currency, with $965,792 millions.
Altogether, the Ministry of Economy rReceived 2,295 offers -the highest level so far this year- for a NAV of $1.5 trillion and awarded a cash value of $1.16 trillion in seven securities maturing in 2023 and 2024, for which it obtained net financing of $193,000 million. With this result, net financing so far this year exceeds $740,000 million.
What happens in the markets of the world
Las us stocks are operating at a profit, buoyed by better-than-analyst-estimated Meta (META) earnings results and despite negatively surprising economic data.
On the corporate front, the Goal actions soar more than 14%, on the heels of the first-quarter earnings report to beat analysts’ expectations for revenue and earnings per share, while guiding second-quarter revenue in a $29 range, 500 million to u$s32,000 million. Specialists expected $29.48 billion in revenue for the second quarter.
The Buenos Aires stock market and sovereign bonds in dollars operate with losses
Meanwhile, in the financial sector, pressure mounted on First Republic, since the shares collapsed yesterday by 29.75%. The bank is seeking “strategic options” after losing more than $100 billion in deposits during the March banking turmoil.
On the economic front, the advance estimate of the Office of Economic Analysis of the US gross domestic product (GDP) for the first quarter showed that the US economy grew at an annual rate of 1.1% in the first quarter, while Economists estimated growth of 1. 9%
Wall Street
The main Wall Street indices are trading with positive results. Thus, the S&P 500 gains 0.82%; the industrial Dow Jones advances 0.55; and the technological Nasdaq adds 1.24%.
Merval
The Merval registers a fall of 1.80%. Thus, the falls of the leading shares are registered by Banco Macro (-2.79%); Pampa Energía (-2.75%); and Cresud (-2.63%).
ADRs
On Wall Street, the papers of Argentine firms operate with mixed results. Thus, increases are marked by Irsa (2.6%); Ternium (1.5%); and Take off (1.2%). Meanwhile, the falls correspond to Tenaris (-1.7%); BBVA Argentina (-1.10%); and Pampa Energía (-1%).
bonds
Sovereign bonds in dollars under foreign legislation register decreases of up to 2.08%, led by the Global 46, while titles in pesos are traded with increases of up to 0.90%, led by the TX24.
Risk country
The country risk is located around 2,628 basis points.
