The S&P Merval falls 2.2% this Monday to 2,060,214,590 basic points. Among the actions that lower are the financial papers: Supervielle Group (-3.9%), BBVA Bank (-3.9%), Banco Macro (-3.9%), the main economic newspapers report.
To the losses of global bonds, the Argentine government scandal is added with the coimas in the National Disability Agency.
Energy also suffers a setback. Pampa Energía falls 2.68%, while Northern gas transporter gives 2.48%. Central Puerto records a decrease of 3.63% and Edenor, of 3.16%. Other industrial and agricultural companies also operate in red: Cresud lowers 3.75%, Bioceres Crop 2.73%and Loma Negra 0.88%. According to the newspaper La Nación, “the market shows a clear risk aversion at the start of the wheel, which anticipates a volatile day for Argentine companies listed in New York.”
Global bonds fall to 1.79% and those of local law up to 1.27%. Merval also loses 1.35%.
There are expectations in local markets and Wall Slet for the first reactions to the government’s crisis, which to the financial problems of recent weeks added a case of corruption that affects Karina Milei and the president himself.
News in development.
Source: www.laizquierdadiario.com
