S&P Merval rose 8.1%, but country risk touched a new 15-year high

After plummeting 13.8% on “Black Monday”, the Buenos Aires stock market rose 8.1% on Tuesday, driven by recoveries in the oil sector, in line with the external trend in anticipation of stimuli to mitigate the impact of the coronavirus epidemic on the global economy. However, the dollar bonds accentuated their downward trend, and the risk surpassed the 2,800 points barrier.

Source: Ámbito