Macroeconomy/Finance

Argentinean stocks fell to 10% on Wall Street, and the country risk rose 66 points

The S&P Merval stock index rose 3.1% to 28,880.64 units, after rising 5.7% last week. If we measure the performance of the leading panel in dollars, it showed a drop of 4.5%. Country risk, as calculated by JP Morgan Bank, rose 1.7% to 3,864 units. Argentine paper losses led by Corporación América, which plunged 9.7%. Central Puerto shares (-8.1%) and Edenor (-7%) joined the podium of significant losses. Further behind were the assets of Despegar (-6.8%); those of Irsa Propiedades Comerciales (-6.1%); and those of YPF (-4.8%).

Source: Ámbito

Categories: Macroeconomy/Finance