The cases on Friday were led by the documents of Transenes (-4.8%); Transportadora de Gas del Norte (-3.8%); and Edenor (-2.5%).
"It was a complicated week for local assets. The proximity to the choice and the lack of concrete news that allows us to project a December scenario began, even in a predictable way, to press the market's behavior" commented from Portfolio personnel.
In addition to the profit in pesos, if we measure the local reference index in dollars (calculated with liquidation) this week, a -6.5% decline was compared to last Friday's closing.
Listing of shares in Argentine companies on Wall Street (ADR) marked adversities close to 4%, which followed the downturn in the markets reference. The largest losses were for the denominator E (-3.8%) and Grupo Supervielle (-3.7%).
Interest income and country risk
In the interest rate segment, most of the Dollar-denominated bonds were hit by setbacks: AO20D yielded 0.1
Thus, they completed a negative week, with accumulated cases of up to 7%, reversing the good walk shown during the previous five days.
At the same time, the Argentine country risk prepared by the bank JP.Morgan increased by 3% to 2,048 basis points