October 20, 2014
BA stocks cut losses, all eyes on vulture funds talks
The Buenos Aires City stock market registered losses amid operators’ growing uncertainty as the July 30 deadline for the negotiations between Argentina and its holdout creditors in New York approaches, although prices later recovered to diminish early falls. The Merval index was down by 0.98% at 7,844.56 points.
Among public titles, the Bonar 2017 fell by 0.3%; the pesos-denominated Discount 3.6% while the dollar-denominated Discount fell back 2.5%. The dollar-denominated Par was down 1%, while the Boden 2015 was up 1.1%.
In the meantime, GDP-linked coupons went down by over 3.7%, amid a low trading volume.