Macroeconomy/Finance

S&P Merval gained 10.2%, and the country risk fell 502 points

The S&P Merval index scored its fourth gain on Friday, gaining 1.9% to reach 26,505.41 units. The local stock market increased by 10.2% in the measurement in pesos (+7.1% measured at the implied exchange rate), dollar bonds climbed to 20%. Argentina’s country risk, as measured by JP. Morgan, fell 3.8% to 3,683 basis points, registering a 502 point drop during the week, equivalent to a 12% contraction.

Source: Ámbito

Categories: Macroeconomy/Finance