The Buenos Aires stock market advanced 3.41% this Friday, to reach a new record in pesos and dollars and closed the week with an increase of 13.27%, while the Central Bank (BCRA) bought US$200 on the exchange market millions in the wheel this Friday and accumulated US$219 million in the last five days.
The main Buenos Aires stock index registered a new historical mark in pesos, ending at 242,154.50 points, while measured against the dollar counted with liquidation, it was located at 693 units, which marked the highest value in dollars since August 12, 2019.
In addition, YPF set a price record since January 2020, ending at US$11.05 per share and it has already obtained a profit of 20.2% in dollars so far in January.
On July 22 of last year, the hydrocarbons company ended on Wall Street at $2.91 per share, which when compared to the closing of this Friday shows an increase in its price of around 280%.
The national oil company ended in 2022 accumulating a rise of 141% in dollars.
In the Buenos Aires square, among the leading actions, the highest gains were recorded by YPF (9.10%); Securities Financial Group (8.36%); Cablevision (6.65%); Aluar (5.62%); and BYMA (4.91%).
In the opposite direction, the only loss was scored by Transportadora Gas del Norte (-0.99%).
On Wall Street, the papers of Argentine firms closed the session with most positive results, led by YPF (6.8%); Free Market (5.7%); Take off (3.2%); Banco Supervielle (2.3%); and Cresud (2.2%).
On the other hand, the casualties corresponded to Globant (-2.9%); Edenor (-2.2%); Galicia Financial Group (-1.9%); Banco Macro (-0.7%); and Pampa Energía (-0.3%).
In the fixed income segment, dollar bonds ended unchanged, while during the week they accumulated increases of an average of 7%.
Titles in pesos with CER adjustment marked an average rise of 0.3% throughout the curve, while, in the weekly balance, they marked increases of 1% on average.
In this frame, the country risk closed with a decline of 0.7% to remain at 1,980 basis points.
In the foreign exchange market, The Central Bank ended this Friday with purchases for 200 million dollars, the most important amount of the year, while in the week it acquired 219 million dollars.
Last week, the Central added US$62 million and, with the result of this Friday, it reached 18 consecutive days without sales in the segment where banks and large companies operate.
This way, recorded a positive balance so far in January of US$ 281 million.
“The purchase of foreign currency is only one of the factors that affect the level of international reserves of the BCRA, but it is more important as a sign of accumulation and strengthening of monetary and exchange rate policy”the entity specified through a press release.
Official sources pointed out that the income of loans earmarked for investments in hydroelectric dams Néstor Kirchner and Jorge Cepernic in Santa Cruz explain the amount of official purchases.
When it comes to the forex market in general, the retail dollar closed this Friday at $188.53 average, with an increase of 36 cents compared to the last record of yesterday’s wheel. In this way, it marked a weekly advance of $1.92 (+1.02%).
In the stock market, the dollar with settlement (CCL) advanced 1.7% to $349.26 and the MEP fell 0.6% to $340.23.
Meanwhile, in the informal market, the so-called “blue” dollar traded with an increase of seven pesos to $370 per unit, with which in the week he advanced $16.
In the wholesale market, the US currency marked a rise of 30 cents compared to its last close, and ended at $179.25. During the week, it showed an accumulated increase of $2.02 (+1.12%).
In addition, The dollar with the 30% surcharge – contemplated in the Country tax – averaged $245.09 per unit; and with the 35% advance payment of the Income Tax on the purchase of foreign currency, the average value was $311.07.
The dollar destined for tourism abroad -and which has a rate of 45%- was located at $329.30while for purchases over US$ 300 -which has an additional tax of 25%-, it was positioned at $377.06.
