Viernes 22/11/12 NYSE medio dia. Black Friday.

[admin]

VIX down 15.07

[admin]

+76.28

[admin]

Futures cu up 3.5110

Euro up 1.2943

Oil up 87.76

Au up 1,733

[admin]

EDC +4.05%

ERX +1.63%

USO +0.19%

AAPl +0.35%

FAS +1.90%

[admin]

EEM +1.43%

[admin]

Argentina
Index Name Value Change % Change Time
Buenos Aires Stock Exchange Merval Index 2,301.83 +59.43 +2.65% 09:44:31
Buenos Aires Stock Exchange BURCAP Index 8,213.12 +166.53 +2.07% 09:42:51
Merval Argentina Index 1,524.00 +43.88 +2.96% 09:42:51
Indice Bolsa General BOLSA-G 142,883.60 +1,903.90 +1.35% 09:42:51

BermudaIndex Name Value Change % Change Time
Bermuda Stock Exchange Index 1,075.38 -10.98 -1.02% 05:25:10

Brazil
Index Name Value Change % Change Time
Bovespa Brasil Sao Paulo Stock Exchange Index 57,106.06 +750.98 +1.33% 09:47:00
Sao Paulo Stock Exchange IBrX Index 20,817.92 +170.20 +0.82% 09:49:00
Sao Paulo Stock Exchange Electrical Energy Index 26,768.83 +339.20 +1.28% 09:49:00
Bovespa Telecommunications Sector Index - -
Bovespa Exchange Shares With Differentiated Corporate Governance Index 7,494.31 +52.56 +0.71% 09:49:00
Bovespa Valor Second Line Index 6,665.51 +62.99 +0.95% 09:49:00
Sao Paulo Stock Exchange 50 Index 8,594.30 +69.17 +0.81% 09:49:00

Canada
Index Name Value Change % Change Time
S&P/TSX Composite Index 12,143.64 -9.46 -0.08% 09:44:00
S&P/TSX Equity Index 12,491.26 -10.09 -0.08% 09:44:00
S&P/TSX 60 Index 696.26 -0.46 -0.07% 09:44:15
S&P 500/Toronto Stock Exchange Venture Composite Index 1,250.30 +1.94 +0.16% 09:44:00

Chile
Index Name Value Change % Change Time
Santiago Stock Exchange IPSA Index 4,135.57 -4.92 -0.12% 09:49:47
Santiago Stock Exchange IGPA Index 20,332.20 -23.80 -0.12% 10:04:57
Chile Inter-10 Index 5,134.15 +2.06 +0.04% 09:49:47
Chile 65 Index 2,977.04 -0.89 -0.03% 09:45:41
Chile Large Cap Index 2,801.46 -0.99 -0.04% 09:45:42
Chile Small Cap Index 4,281.08 0.00 0.00% 07:23:05

ColombiaIndex Name Value Change % Change Time
Colombia COLCAP Index 1,746.28 +0.28 +0.02% 09:40:10
Columbia COL20 Index 1,309.84 +0.50 +0.04% 09:40:10
Indice General de la Bolsa de Valores de Colombia 14,201.02 +11.01 +0.08% 09:40:10

Costa RicaIndex Name Value Change % Change Time
BCT Corp Costa Rica Stock Market Index 16,266.93 +46.10 +0.28% 11/21/2012

JamaicaIndex Name Value Change % Change Time
Jamaica Stock Exchange Market Index 91,308.54 -230.95 -0.25% 09:48:54

Mexico
Index Name Value Change % Change Time
Mexican Stock Exchange Mexican Bolsa IPC Index 42,022.91 -9.44 -0.02% 09:43:49
Mexican Stock Exchange INMEX Index 2,376.90 +1.10 +0.05% 09:44:55
Mexican Stock Exchange IMC 30 Index 529.57 -0.95 -0.18% 09:44:51
Mexican Stock Exchange Total Return Index 51,087.61 -29.41 -0.06% 09:44:27

PanamaIndex Name Value Change % Change Time
Bolsa de Valores de Panama General Index 0.00 +0.26 +0.06% 09:03:15

Peru
Index Name Value Change % Change Time
Bolsa de Valores de Lima General Sector Index 20,027.55 -12.29 -0.06% 09:31:10
Bolsa de Valores de Lima Selective Sector Index

[admin]

+111.63

Se olvidaron del fiscal cliff

[admin]

La compra de bonos Griegos esta en duda. Los precios de los bonos Griegos han subido en los ultimos dias, haciendo su recompra mas cara para la zona euro.



Greek Bond Buyback in Doubt

By GABRIELE STEINHAUSER And COSTAS PARIS
BRUSSELS—One of the euro zone's preferred options for cutting Greece's debt load—buying back bonds held by private investors at a discount—is in doubt after the bonds' prices rose sharply in recent days, several European officials said on Friday.

The rally in outstanding Greek bonds has made any buyback plan more expensive, eroding the impact it would have on Greece's debt. It raises the challenge for euro-zone finance ministers to seal a deal at their next meeting on Monday that would both plug holes in Greece's €246 billion ($316.95 billion) bailouts and bring the country's debt load to a more manageable level.

"The whole buyback operation depends on the price," one of the officials said. "If the price is too high it will not be done." Two other officials confirmed that the buyback has now come into question.

Experts from euro-zone member states' finance ministries met on Thursday night and Friday to nail down the technical details of an agreement that will also need the support of Greece's other creditors, the European Central Bank and the International Monetary Fund. The ministers themselves will hold a teleconference on Saturday afternoon to resolve some of the remaining questions, the official said.

But doubts over the effectiveness of the bond buyback leave the euro zone with even fewer options for bringing Greece's bailout program back on track, after they ruled out taking a cut in the face value of their own loans to Athens. Of all the options being discussed, the bond buyback was the only one that wouldn't hurt the governments' own chances of being repaid.

In a buyback, Greece would offer private investors—which still hold some €60 billion of Greek debt—a price that is significantly below the bonds' face value, allowing the government to quickly retire part of that debt. Greek bonds have been trading at a sharp discount amid doubts that Athens would be able to repay them, despite a restructuring this spring.

Since the summer, prices have gone up gradually, amid rising expectations that Greece will stay in the euro zone. On Thursday, bond prices rose to their highest level since the restructuring, after German Finance Minister Wolfgang Schäuble said on Wednesday that he would support lending Greece an extra €10 billion to fund a buyback. According to two officials, however, the euro zone is now talking about spending less, likely somewhere around €5 billion.

A Greek official with knowledge of the buyback plan said any offer could be around 30 cents to the euro but has yet to be firmed up. "We are all kind of nervous about this," the Greek official said. "This [the buyback] will be on a totally voluntary basis so the more prices go up, the less benefit the plan will yield."

Greek 10-year bonds were trading at just under 35 cents to a euro on Friday morning, having traded as high as 35.6 cents to a euro on Thursday. Bonds of six other maturities were trading above 30 cents, while 14 bonds were trading below 30 cents.

"For a bond buyback to be effective in reducing debt, a large proportion of the debt stock needs to be in bonds and these bonds need to be available for purchase," said Justin Knight, head of European interest rate strategy at UBS UBSN.VX +0.68%. "This is not the case in Greece and so it is doubtful whether buying back bonds from private investors would materially impact Greece's debt dynamics."

One other drawback of the buyback is that a large proportion of the outstanding bonds is held by Greek banks, which would likely need more government help if they were to take more losses.

Euro-zone experts were still discussing other measures to bring Greece's bailout program back on track, including passing back to Greece around 75% of the profits they expect to receive from Greek bonds held by the European Central Bank, according to one of the officials. There was also a plan to cut interest rates on bilateral loans to Euribor plus 0.6 percentage point from Euribor plus 1.5 percentage points currently, the official said.

Extending maturities on bailout loans, cutting interest rates on loans financed through the euro-zone rescue fund and letting Greece issue more short-term debt were also still on the table, among other measures.

[admin]

+105.20

[admin]

+106.71

[admin]

Poco volumen, el NYSE cierra a la 1 p.m. hoy dia.

+113

[admin]

AAPL +0.77%

EDC +4.64%

USO +0.84%

FB -0.90%

CAT +0.39%

[admin]

Oil up 88.38

Ag up 33.91

[admin]

Argentina anuncia que subirá tarifas de electricidad
viernes 23 de noviembre de 2012 11:07 GYT
Imprimir[-] Texto [+] BUENOS AIRES (Reuters) - Argentina subirá las tarifas de electricidad, que han estado congeladas durante años pese a la elevada inflación, con el fin de crear un fondo para inversiones en el sector energético, dijo el viernes el viceministro de Economía.
El servicio eléctrico está subsidiado por el Estado en Argentina, lo que ha derivado en costos muy bajos en particular para los usuarios residenciales de la ciudad de Buenos Aires y sus suburbios, pero algunos analistas han advertido que esa situación ha generado la falta de inversión en el sector.

Con la medida, se busca "generar un fondo lo suficientemente grande como para sostener, no sólo el mantenimiento de las redes y de las cosas como están, sino abastecer ese crecimiento" de la economía, dijo en una conferencia de prensa Axel Kicillof, el viceministro de Economía.

Sin dar detalles inmediatos acerca de cuándo entrará en vigencia la medida o de la magnitud del aumento, el funcionario agregó que no se dejarán de lado los subsidios, con el fin de "sostener tarifas bajas para fomentar la competitividad y mejorar los salarios".

Las dos principales distribuidoras de energía de Argentina son Edenor, propiedad de Pampa Energía; y Edesur, controlada indirectamente por la italiana Enel.

(Reporte de Nicolás Misculin. Editado po

[admin]

+121.35