Reports

Date Report Type
30/12/2020

Argentina Fixed Income Market

Argentine bonds showed some recovery during the last week, after a more "orthodox" turn by the government. In this sense, the commitment to reduce the monetization of the deficit via monetary issuance and the successful placements of bonds contributed to take pressure off the ‘blue chip swap’ market, mitigating uncertainty momentarily. The international scenario also helped, both due to the US elections and the positive news about the Covid vaccine that produced a “risk on” effect and contributed to the positive performance of emerging markets in general. 

Fixed Income Weekly
30/12/2020

Argentina Equity Market

Pampa Energía sells its interest in energy distribution company Edenor

Equity Weekly Report
23/12/2020

Argentina Fixed Income Market

Argentine bonds showed some recovery during the last week, after a more "orthodox" turn by the government. In this sense, the commitment to reduce the monetization of the deficit via monetary issuance and the successful placements of bonds contributed to take pressure off the ‘blue chip swap’ market, mitigating uncertainty momentarily. The international scenario also helped, both due to the US elections and the positive news about the Covid vaccine that produced a “risk on” effect and contributed to the positive performance of emerging markets in general. 

Fixed Income Weekly
23/12/2020

Argentina Equity Market

Domestic stocks continued their correction path

Equity Weekly Report
16/12/2020

Argentina Fixed Income Market

Argentine bonds showed some recovery during the last week, after a more "orthodox" turn by the government. In this sense, the commitment to reduce the monetization of the deficit via monetary issuance and the successful placements of bonds contributed to take pressure off the ‘blue chip swap’ market, mitigating uncertainty momentarily. The international scenario also helped, both due to the US elections and the positive news about the Covid vaccine that produced a “risk on” effect and contributed to the positive performance of emerging markets in general.

Fixed Income Weekly
16/12/2020

Argentina Equity Market

Domestic stocks side trade

Equity Weekly Report
14/12/2020

Argentine Corporate Debt

The combination of recession, high inflation, a weakening domestic currency, and political and regulatory uncertainty has severely hit Argentina’s economy in recent years. Despite the federal government successfully closing a restructuring of its defaulted foreign debt last September, country risk figures have increased, capital controls have been tightened, and Central Bank reserves have continued to fall.

Fixed Income Report
04/12/2020

San Miguel 3Q 2020

Citrus season led to recovery in 3Q but below estimates, good prospects for grapes in 4Q

Equity Report
02/12/2020

Argentina Fixed Income Market

Argentine bonds showed some recovery during the last week, after a more "orthodox" turn by the government. The commitment to reduce the monetization of the deficit via monetary issuance and the successful placements of bonds contributed to take pressure off the ‘blue chip swap’ market, mitigating uncertainty momentarily. The international scenario also helped, both due to the US elections and the positive news about the Covid vaccine that produced a “risk on” effect and contributed to the positive performance of emerging markets in general.

Fixed Income Weekly
02/12/2020

Argentina Equity Market

Another week of strong hikes for domestic stocks, also a reflection of the global ‘risk on’ mode

Equity Weekly Report
02/12/2020

BMA Banco Macro 3Q 2020

Earnings fall in 3Q20, following a decline in loan origination and lower securities (Leliq) income

Equity Report
30/11/2020

BANCO HIPOTECARIO 3Q20

Negative net financial income in 3Q20 and lower EPS QoQ

Equity Report
26/11/2020

BBVA Argentina 3Q20

EPS declines YoY; slightly better than in 2Q20

Equity Report
26/11/2020

Argentina Fixed Income Market

Argentine bonds showed some recovery during the last week, after a more "orthodox" turn by the government. In this sense, the commitment to reduce the monetization of the deficit via monetary issuance and the successful placements of bonds contributed to take pressure off the ‘blue chip swap’ market, mitigating uncertainty momentarily. The international scenario also helped, both due to the US elections and the positive news about the Covid vaccine that produced a “risk on” effect and contributed to the positive performance of emerging markets in general.

Fixed Income Weekly
26/11/2020

Argentina Equity Market

Domestic stocks continued their bullish performance

Equity Weekly Report