Macroeconomy/Finance

The S&P Merval rebounded 2.6%, bonds did not react and country risk exceeded 4,000 points

The S&P Merval stock index rebounded 2.6% to 22,656.43 units due to portfolio recompositions, in a day of relative calm in the world’s markets. Unlike equities, the leading dollar-denominated bonds ended down by up to 2%, accumulating a 20% decline so far this week. The argentine country risk rose 81 units to 4,050 basis points, after reaching an intraday high of 4,160 points at the average of the day, a new high in 15 years.

Source: Ámbito

Categories: Macroeconomy/Finance