After the positive news for the elimination of the exchange rate and the announcement of an agreement with the Monetary Fund, Argentine actions and bonds climbed up to 18% on Monday and several papers and titles They recovered positions throughout the monthafter several harsh wheels due to the world impact for tariffs announced by Donald Trump to trade from different countries to the United States.
In summary accounts, The main index of shares of leading companies, the Merval of Buenos Aires, advanced 4.6% this Monday, while in all April it remains only 0.6% in positive and in all 2025 it falls 7.1 percent.
And if the exchange adjustment for the stocks outputin dollars this rise is 11.7%, while in the whole month a 5.7% In American currency.
In this tune, The companies that uploaded the first business day of the week were Metrogaswho advanced near 19% On the day, followed by Passener (12%) and Northern Gas Transporter (TGN), that climbed 11%.
Meanwhile, among the Argentine signatures that quote in New Yorkincreases in the contributions of Up to 19% in dollarsas is the case of Supervielle. They followed him Macro Bank (15.4%), BBVA (15%) and Galicia Financial Group, with 14% in American currency.
And on the side of the Argentine bondsthis Monday the nominated in dollars with US legislation stood out, which They climbed up to 10%where they led the debt titles issued to 2041 (AL41D)followed by the Global to 2035 (GD35D) with 9.4% and, thirdly, for which expires in 2038 (AE38D)with a 9%rise.
“UndoubtedS, like the World Bank (BM), IDB CAF, among others. And also the good recommendations of banks abroad, such as Morgan Stanley. On the other hand, the world played in favor, since the markets had strong increases abroad, “summarizes Juan DiedrichsMarkets Capital Analyst, A iprofesional.
For its part, José Bano, Economist and analyst, he adds: “The expectations prior to Friday’s announcement were quite good, but, definitely, they were overcome For the most positive ads to the expected, since more dollars will enter than expected, and that was reflected in the market. ”
In April, banks are the most winners with increases of up to 14% in their prices.
Actions in April, with another panorama
Of course, seeing whatThe results of all April, there the equation changes, Due to the impact that there were previous days with the strong casualties accumulated globally after the different ads that began last April 2 in the United States.
In this way, the main current winners month There are three banks: Macro (14%), Supervielle (12%) and BBVA, with an increase of 7.4%.
Meanwhile, among the Argentine companies that quote in the United States Through ADR, they stand out in all April Macro Bankwith an accumulated rise in 20.6% in dollars, followed by Supervielle (18%), Finaciero Galicia Group (12.8%) and BBVAwith 12.4% in American currency throughout the month.
In Wall Street, in all of April, banks shares rise up to 21% in dollars.
Finally, with this Monday’s escalation, Argentine bonds are re -adding positive figures in all Aprilso the most considerable increases of the whole month are led by the debt titles nominated in dollars and under the law of New York, where the issued to 2035 (AL35D) and the Global to 2046 (GD46D), In American currency, They amount to 5.2% in the month.
He is followed Global 2030 (GD30D), with 4.5%and then the qualification to the 2038with a rise 4.2%.
“The Bonds went up a lot on Monday because, in reality, they were very low in the price since Argentina arrived, practically, to play 500 points to the country risk at the beginning of January this year, and from there every day it began to fall a little until it reached 900 points. That is, now there was a large correctionbecause it came from a big fall, “says Bano to iprofesional.
And he adds: “La perspective Now is that Argentina stabilizes at a 500 -point country risk, more or less. That would be like the first objective, which is much more reasonable, it seems to me, for the macroeconomic situation of the country. “
The reasoning is that although Argentina showed a fiscal balance as positive, on the other hand the Central Bank sold dollars every day, and that began to be a problem For savers.
“It is that the Bond holders began to ask where the government was going to get dollars to pay yous. So now, with the agreement with the Monetary Fund, all the currencies that had to enter, and cleared that doubt. Something that struck positively, “Bano concludes iprofesional.
Argentine Bonds in Dollars recover positions in April.
For now, the market faces a recovery after the details of the agreement with the IMF and the support of the government of various international organizations, which also reassure the exchange square.
