2024-08-14 21:04:29
he Mewar index It closed slightly up about 1% on August 14. Meanwhile, sovereign bonds rose sharply, causing sovereign bonds to fall by 2.64%. Country risk.
In this context, the team E channel Communicated with Emiles CórdobaMarket analysts talked about the stock market’s end of the day.
Markets closed: How Merval works on August 14
“Today is a good day for the market, Bank stocks performed well on the day, with low trading volume” said Cordoba, who later added: “Technology in Argentina’s capital markets is constantly evolving, which is very positive.
“The three major banks all closed above 3%, and YPF is a more volatile stock,” the respondent said. “The decline in the dollar in the European Parliament is very interesting and if the sellers continue to emerge, the euro may continue to fall”he added.
Likewise, the analyst said the dollar’s depreciation narrowed the gap between the official and parallel rates. “Sovereign bonds remain attractive due to yields and upcoming payments,” he added.
Ultimately, Cordoba said the bond’s value will depend on the success of public policy. “We may have more investors interested in bonds because of money laundering activity.” he concluded.
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