The S&P Merval fell 3.2% and bonds rose to over 10%.

The leading S&P Merval index of Argentine stock exchanges and markets (BYMA) fell by 3.2% to 25,484 units by intraday profit-taking. Argentine sovereign bonds consolidated their improvement and climbed to more than 10%, in line with the rise in external markets. Argentine country risk, as measured by JP. Morgan, fell 103 units 4,143 basis points, after reaching levels of 4,519 on Monday.

Source: Ámbito