The equity segment registers widespread losses, affected by the bad business climate shown by the reference markets.
By mark phillip
02/15/2023 – 2:55 p.m.
He Merval it falls back 0.93% and stands at 256,191.36 basis points. Meanwhile, in hard currency it trades at 694 units. In the external plaza, the ADRs of Argentine companies that operate abroad are trading in negative territory of up to 3.3%, where the poor performance of YPF stands out, in a wheel in which the main US shares operate with a negative trend.
In the fixed income segment, the bsovereign dollars in dollars under foreign legislation they register falls of up to 2%, led by the Global 35, while the titles in pesos with CER adjustment mark increases of up to 0.79%, where the performance of the TX28 stands out.
In the weight market, the Ministry of Economy It will seek to raise $180,000 million today through the tender of a Lelite on February 28, the Lede S31Y2, the Lecer X16J3 and the TB27P bond (used by banks to integrate reserve requirements).
On this occasion, they face maturities for close to $295,000 million since the last tender, mainly concentrated in the post-trade-in carryover of the X17F3, which market analysts estimated to be in private hands. The key to the tender will go through the effective rates validated in the S31Y3 as well as the demand for the X16J3, since “considering the inflationary acceleration for January released yesterday, it leads the CER carry at a higher rate until March 15”, They explained from Grupo SBS.
What happens in the markets of the world
Wall Street trades lower as investors weighed a possible more aggressive increase from the Fed after economic data showed strong consumer spending and a pick-up in inflation in January.
Retail sales topped estimates last month, data showed from the Department of Commerce, Ior that it stoked concerns that strong consumption combined with a higher-than-expected reading in consumer prices on Tuesday could keep the Fed on a hawkish path.
The Merval and the Argentine ADRs on Wall Street operate with falls
In it corporate Front, Airbnb was in the spotlight after the lodging company posted record sales in the fourth quarter, achieving its first profitable year in 2022. Executives also released a better-than-estimated forecast for the current quarter, bringing their papers are advancing more than 9%.
The actions of Tesla They were up about 2% after Elon Musk announced that he plans to name a new chief executive officer for Twitter, the social media platform he acquired last year, by the end of the year.
Wall Street
The main Wall Street indices are trading with negative results. Thus, the S&P 500 falls 0.45%; the industrial Dow Jones loses 0.43%; and the technological Nasdaq falls 0.41%.
Merval
The Merval registers a drop of 0.83%. Thus, the falls of the leading shares are recorded by BBVA Argentina (-2.21%); Edenor (-1.76%); and BYMA (-1.56%).
ADRs
On Wall Street, the papers of Argentine firms operate the day with results in the red. Thus, the losses are recorded by YPF (-3.3%); Telecom Argentina (-3.1%); and Tenaris (-2.1%).
bonds
Sovereign bonds in dollars under foreign legislation register falls of up to 2%, led by the Global 35, while titles in pesos with CER adjustment mark increases of up to 0.79%, where the performance of the TX28 stands out.
Risk country
The country risk is located around 1,969 basis points.
