4 Articles
4 Articles
The indicator developed by JP Morgan adds more than 10 units; Argentine shares operate in red both on Wall Street and the local market
Buenos Aires, 20 August (NA) -- The risk Argentine country continued with the escalation and ended above the 530 points, given the poor performance of sovereign bonds, while the Argentine shares maintained a day with disparities. The indicator elaborated by JP Morgan ended at 532 basic points, with an increase of 15 units in the day (+3%). Thus, the index accumulates three consecutive days upwards and is in maximums since May. "The improvement o…
The JP Morgan indicator rose to 517 basis points, the highest level since May 20, while the Bonares and Globals lost 0.4% on average.
The index measuring JPMorgan completely erased the compression it had recorded after S&P Global Ratings raised the Argentine debt note. On the other hand, Finance announced a 34% acceptance in the dollar swap linked.
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