Global mood improves and Argentine stocks and bonds rise

Argentine assets start the week positively, hand in hand with a better global mood.

With the "help" of the United States stock markets, which are rehearsing an improvement after having closed their worst week since the beginning of the year on Friday,

The country risk yields 0.4% and is located below 2,000 points.

Debt securities in dollars, which had managed to close last week with an average rise of 4%, are once again operating positively and are detached from the rest of the emerging debt.

After noon,

In the segment of shares, the New York markets operated today with a positive trend and its main index, the

Meanwhile, the selective S&P 500 index registered a rise of 0.58% and the Nasdaq technology index gained 0.79%, according to the Bloomberg news agency.

The Wall Street rebound serves as a kick so that the Argentine companies that are listed on that market move mostly upwards.

That context props up the Merval index, which had ended last week almost unchanged from the previous Friday's close.

also led by the increase in Cresud.

"Despite all this context full of uncertainty, for the moment local financial assets are resisting," Cohen analysts said, referring to international volatility and poor financial indicators in Argentina.

So far this year, there are ADRS that earn almost 40% in dollars, as in the case of Grupo Financiero Galicia.

Despite a weak February,

Meanwhile, dollarized bonds fell after their rally at the beginning of the year, but in any case

in the case of Global 2030. This is the bond that was the main objective of the buy-back announced by Sergio Massa in mid-January.

AQ

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