Reports
| Date | Report | Type |
|---|---|---|
| 02/03/2020 | Argentina Fixed Income MarketUncertainty surrounding the restructuring process would continue in the short term as Economy minister Martin Guzman did not disclose any details regarding a proposal for the debt restructuring in his address to Congress. On the fiscal side, Guzman said that no further adjustments would be carried out and primary equilibrium would be reached in 2023, worsening the outlook for a potential proposal to bondholders. |
Fixed Income Weekly |
| 28/02/2020 | BYMA 4Q19Higher traded volume but AuC hit; financial income stands out |
Equity Report |
| 26/02/2020 | International Macroeconomic PerspectivesUS: Growing concerns over coronavirus impact on the economy hit markets and confidence. |
Macro Economy Weekly |
| 26/02/2020 | Argentina Macroeconomic PerspectivesARGENTINA: Activity fell 2.1% during 2019 while confidence deteriorated in February |
Macro Economy Weekly |
| 26/02/2020 | Argentina Equity MarketCompanies with a high percentage of dollar denominated revenues, lower operating exposure to domestic market and low debt levels would act as a hedge in the current scenario. The stock market could strongly correct if the Government declares a default. |
Equity Weekly Report |
| 26/02/2020 | Argentina Fixed Income MarketUncertainty surrounding the restructuring process would continue in the short term as Economy minister Martin Guzman did not disclose any details regarding a proposal for the debt restructuring in his address to Congress. On the fiscal side, Guzman said that no further adjustments would be carried out, worsening the outlook for a potential proposal to bondholders. |
Fixed Income Weekly |
| 26/02/2020 | Enel Generación Costanera 4Q19CECO2: Nothing new in the horizon yet. |
Equity Report |
| 26/02/2020 | Banco Supervielle 4Q19SUPV: Lower interest expense and profit from inflation adjustment help improve earnings in 4Q19, after a bad 3Q19. |
Equity Report |
| 26/02/2020 | Banco Macro 4Q19BMA: Decline in interest rates hurts securities income but allows for lower financial expenses and an improvement in net interest margin. |
Equity Report |
| 26/02/2020 | Grupo Financiero Galicia 4Q19GGAL: Decline in securities income pushes down EPS in 4Q19, partially offset by lower interest expense. |
Equity Report |
| 26/02/2020 | Ternium Argentina 4Q19Ternium Argentina’s net result was below that of 2018, although in line with expectations, due to decreases in sold volume, operating margin, and income from associated companies, partially offset by better financial result. |
Equity Report |
| 19/02/2020 | BBVA 4Q19BBAR: Although good FY figures, 4Q19 came with weak results, lower securities income, stagnant credit market, and higher LLR. |
Equity Report |
| 18/02/2020 | International Macroeconomic PerspectivesUS: Retail sales growth and higher confidence point to rising consumer spending early this year. |
Macro Economy Weekly |
| 18/02/2020 | Argentina Macroeconomic PerspectivesARGENTINA: January´s inflation was below estimates, and backed another rate cut by the Central Bank |
Macro Economy Weekly |
| 18/02/2020 | Argentina Equity MarketCompanies with a high percentage of dollar denominated revenues, lower operating exposure to domestic market and low debt levels would act as a hedge in the current scenario. The stock market could strongly correct if the Government declares a default. The debt restructuring negotiation could be more complicated considering recent events such as the Dual currency bond reprofiling, and lack of details about the debt restructuring process and last week’s address to Congress by Economy Minister Martin Guzman. |
Equity Weekly Report |