Reports
| Date | Report | Type |
|---|---|---|
| 28/04/2020 | Argentina Equity MarketDespite the recovery seen in recent weeks, domestic stocks are still following an uncertain path, influenced by the developed markets’ volatile performance and the potential disclosure of a new sovereign debt restructuring offer, to avoid a “hard” default. Companies 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. |
Equity Weekly Report |
| 24/04/2020 | Loma Negra 4Q19Even if a long adverse economic and political scenario erodes its sales, the firm improves operating profitability and maintains EBITDA stable in dollars |
Equity Report |
| 24/04/2020 | Edenor 4Q19Weak figures again. Our view is Market Underperformer |
Equity Report |
| 22/04/2020 | International Macroeconomic PerspectivesUS: The economy is looking to reopen as infections slow and jobless claims hit record figures |
Macro Economy Report |
| 22/04/2020 | Argentina: Macroeconomic PerspectivesThe Central Bank (CB) set a floor to private interest rates in order to ease pressure on the peso |
Macro Economy Report |
| 21/04/2020 | Argentina Equity MarketDomestic stocks continued recovering, influenced by the developed markets’ partial recovery and the disclosure of the sovereign debt restructuring details. Companies 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. |
Equity Weekly Report |
| 20/04/2020 | Fixed Income MarketSovereign debt exchange proposal: Better than expected kick off, but already rejected. Still room for ongoing negotiations |
Fixed Income Weekly |
| 17/04/2020 | First thoughts about Argentina’s sovereign debt restructuring offerYesterday, Economy Minister Martin Guzman disclosed a few details on the debt restructuring offer in advance of the formal presentation at the SEC tomorrow |
Fixed Income Report |
| 15/04/2020 | Argentina Equity MarketDefensive stocks would continue to stand out under the current negative scenario |
Equity Weekly Report |
| 14/04/2020 | Argentina: Macroeconomic PerspectivesExcess liquidity and uncertainty result in a gap in excess of ARGENTINA: 60% between the official peso and ‘Blue chip swap rates’ |
Macro Economy Report |
| 14/04/2020 | International Macroeconomic PerspectivesUS: The halt in economic activity increased jobless claims in record time as the government unveils an unprecedented fiscal aid package |
Macro Economy Report |
| 13/04/2020 | Argentina Fixed Income MarketAlthough the Government aims at keeping pesos denominated bonds performing, Covid-19 and economic recovery are the main concerns |
Fixed Income Weekly |
| 08/04/2020 | San Miguel 4Q19Negative results and higher short-term debt due to a bad harvest in Argentina, however, good production prospects for this year |
Equity Report |
| 08/04/2020 | Argentina Equity MarketDomestic stocks continued with an uncertain path, influenced by the developed markets’ volatility driven by the coronavirus outbreak and oil crisis. Companies with a high percentage of dollar denominated revenues, lower operating exposure to the domestic market and low debt levels would act as a hedge in the current scenario. The stock market was not negatively affected by the domestic law bonds payments delay. |
Equity Weekly Report |
| 07/04/2020 | International Macroeconomic PerspectivesUS: The economy is heading into the first recession since the 2008 crisis, as the shutdown has caused over 10 million unemployed |
Macro Economy Report |