S&P Merval gained 2.7%, and dollar bonds climbed to 6.5%

The leading S&P Merval Argentine Stock Exchange and Market Index (BYMA) rose 2.7% to 26,003 units, after concluding the previous session with a 3.5% rise, to accumulate a 6.6% gain so far in April (which contrasts with a 30.3% decline in March). In the fixed income segment, the leading sovereign bonds in dollars rose to over 6%. Argentina's country risk, as measured by JP. Morgan fell 115 units to 3,828 basis points, compared to a level of 4,519 points more than a week ago.

International Reserves Up $43 Million

The tourist dollar - with a 30% surcharge for the Country Tax - fell 13 cents this Thursday to 86.46 pesos. In the Single and Free Market (MULC), the currency rose 19 cents to 64.72 pesos. The liquidation counted dollar (CCL) - obtained from the purchase and sale of shares or bonds - rose 89 cents to 88.81 pesos, widening the gap to 37.2%. The BCRA's International Reserves rose this Thursday $43 million to $43.632 million.

The price of oil shot up to almost 25%

After suffering a 55% loss in March, this Thursday the price of the US WTI barrel rose 24.7% to $25.32, while London Brent climbed 21% to $29.94; after Donald Trump announced a possible agreement between Saudi Arabia and Russia, which would end the price war.