The equity segment shows widespread increases, driven by the positive trend shown by reference markets such as Wall Street
For mark phillip
01/31/2023 – 2:14 p.m.
The porter bag it recovers and advances 1.64% and stands at 249,696.63 basis points. Meanwhile, in hard currency it is trading at 674 units. In the external plaza, the ADRs of Argentine companies that operate abroad trade in positive territory of up to 2.7%, where the performance of YPF stands out, in a wheel in which the main US shares operate with an upward trend.
In it fixed income segmentsovereign bonds in dollars under foreign legislation register ups and downs, while titles in pesos with CER adjustment mark increases of up to 1.44%, led by the TX26.
In the weight market, the Treasure secured $16 billion of extra funding in the second round for market makers. With this, net financing of $133,000 million was reached and a roll-over of 227%. While, for January, the net financing obtained was $227,000 million, for which it achieved a 155% refinancing.
In this sense, from Cohen they analyzed that “despite these good results, we must not lose sight of the high participation of the public sector (including BCRA, FGS, BNA and also provinces and municipalities) which in the first month of the year reached 75 %. $504,000 million mature in February that will be sought to be renewed in two tenders”.
What happens in the markets of the world
Wall Street is trading at a profit, with a square looking forward to the Federal Open Markets Committee (FOMC) meeting that begins today, ahead of Wednesday’s decision to hike rates by a quarter percentage point, bringing federal funds to a target range of 4.5 to 4.75%. However, it is not clear what could come next.
It is also an important week for the European Central Bank and the Bank of England, as officials are expected to raise benchmark interest rates by 50 basis points on Thursday. Such a move would mark a slowdown from last year’s aggressive increases as inflation cools and unemployment levels remain low.
The Buenos Aires stock market and sovereign bonds in dollars operate with profits
In it corporate Front, companies continue to present fourth quarter results. Thus, Exxon Mobil shares fall more than 2%, after reporting earnings that exceeded expectations in the fourth quarter, but its income fell short. Revenue for the quarter was $95.43 billion, below expectations of $97.3 billion.
the papers of General Motors (GM) They are up more than 7% after the automaker reported a 15% increase in net income in the fourth quarter amid weak consumer spending. Meta will report quarterly results tomorrow, while Amazon, Apple, Alphabet prepare for Thursday.
Wall Street
The main Wall Street indices are trading with positive results. Thus, the S&P 500 advances 0.65%; the Dow Jones industrial adds 0.28%; and the technological Nasdaq rises 1.03%.
Merval
The Merval registers a rise of 1.64%. Thus, the declines in the leading shares are recorded by YPF (2.10%); Pampa Energía (1.77%); and Aluar (1.76%).
ADRs
On Wall Street, the papers of Argentine firms operate the day with results in the green. Thus, the falls are recorded by YPF (2.7%); Banco Supervielle (2.7%); and Pampa Energía (2.4%).
bonds
Sovereign bonds in dollars under foreign legislation register ups and downs, while titles in pesos with CER adjustment mark increases of up to 1.44%, led by the TX26.
Risk country
The country risk is located around 1,824 basis points.
