BA stock market jumps 6.9%
The Buenos Aires City stock market jumped today, reflecting investor’s optimism as last-minute negotiations between Argentina and its holdout creditors continued in New York. The Merval index climbed by 6.9% to 8,937.62 points.
Optimism among investors led to widespread market profits, particularly within banks and oil companies shares.
Among public titles, the Bonar 2017 is up by 6%; the pesos-denominated Discount spiked by 10.9%. The dollar-denominated Par was up by 8.4%, while the Boden 2015 jumped by 2.5%
In the meantime, GDP-linked coupons climbed up to 12.2%.