Last week, marked by the escalation of the war in the Middle East, which generated significant volatility in global stock markets, Argentine stocks on Wall Street fell across the board, led by Global 2046 (-0.8%). In this context, the country risk is positioned at around 567 basis points, according to Noticias Argentinas news agency. Meanwhile, Argentine ADRs also recorded mostly declines, led by Banco Macro (-3.7%), Central Puerto (-3.6%), and Cresud (-3.2%). On the other hand, Bolsas y Mercados Argentinos (BYMA) lost 1.6%. In contrast, YPF rose by 3%. Locally, the S&P Merval advanced 1.5% to 2,609,507.3700 points in pesos, but its dollar counterpart gained 0.9% to 1,767.89 points. Stocks are trading with a majority of gains, led by YPF (+3.9%) and Aluar (+3.6%). Buenos Aires, March 6 (NA) – The S&P Merval is rebounding, but sovereign bonds are falling in New York, and the country risk is located near 550 basis points. These are followed by other long-term Global bonds: Global 2041 (-0.8%) and Global 2038 (-0.7%).
