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The index S&P Merval It gains 0.46% and rises to 1,110,613.03 units, after losing 2.03% on Wednesday and losing 14.26% during the previous week. The main element that generates this situation is the failure of the Government with its project to approve the omnibus law in Congress.
The Government has just suffered a legislative defeat with the rejection in Congress of its ambitious omnibus lawthrough which he sought to lay the foundations for the broad economic deregulation promised during the campaign.
Added to this is the fact that Argentina registered the highest inflation rate in the world, after recording an increase of 254.2% in the last 12 months. This became clear this Wednesday, February 14, when The National Institute of Statistics and Censuses (INDEC) reported that retail prices had risen 20.6% in January.
The Shares of Argentine companies listed on Wall Street operate mostly in green this Thursday. Those that rose the most are Cresud (+1.96%), followed by BBVA Argentina (+1.91%) and Transportadora de Gas del Sur (+1.27%). Meanwhile, those that lose the most are Central Puerto (-1.57%), Grupo Supervielle (-0.98%) and YPF (-0.59%).
Bonds and country risk
It Argentine bonds in dollars, for their part, are all trading higher, except for Global 2038 (GD38), which falls 0.1%. Meanwhile, those that rose the most are the Bonar 2029 (AL29), which climbs 4.2%; the Global 2029 (GD29), which climbs 3.5% and the Global 2041 (GD41) recovers 2.9%.
The CER titles, which are beginning to become attractive to investors due to the strong prevailing inflation, are also on the rise this Thursday. The PAP0 climbs 9.3%, the PR13 rises 4.3% and the CUAP 1.3%. Only the DICP (-1.6%) and DIP0 (-0.1%) fell.
As for the dollar linkedare mixed, with T2V4, which drops 1.1%, and TV24, which rises 0.1%.
He country risk falls this Thursday by 35 points up to 1,895 units. It is further away from 2,000 points, a key limit that it was about to reach in recent days, after the failure of the omnibus law in Congress.
