Stocks and fixed income: investment options for October

Argentine stocks could find room for a technical rebound in October, after the sharp corrections recorded in August and September, according to a report from brokerage Portfolio Personal Inversiones (PPI), as cited by Bloomberg Línea.

In its strategy for the month, the financial firm maintains a favorable stance toward the banking sector, which it identifies as one of the possible drivers of this technical rebound thanks to more attractive valuations.

The recommendation on financial institutions is also based on the trend in loan delinquencies and on the expectation that upcoming earnings reports will begin to reflect the effects of the measures announced by the government in August, according to the analysis published by Bloomberg Línea.

Separately, the strategy calls for maintaining exposure to energy companies in an international context marked by high oil prices and by geopolitical uncertainty surrounding export projects from Vaca Muerta, according to the same firm.

In the fixed-income segment, brokerage Facimex focuses on inflation expectations to compare yields between fixed-rate letras and instruments indexed to the Coeficiente de Estabilización de Referencia (CER), according to the outlet.