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MERVAL (^MERV)

Buenos Aires - Buenos Aires Delayed Price. Currency in USD
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38,390.84+233.89 (+0.61%)
At close: 5:02PM ART
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Previous Close38,156.95
Open38,156.95
Volume0
Day's Range38,156.95 - 39,015.46
52 Week Range21,738.62 - 56,114.04
Avg. Volume0
  • Caveat emptor! Argentine stocks soar as investors shrug off crises
    Reuters

    Caveat emptor! Argentine stocks soar as investors shrug off crises

    Argentina's stocks are rocketing, outpacing equity market peers around the world in the second quarter as growing risk appetite has lured investors to the country's listed firms despite biting economic and debt crises. When translated to U.S. dollars using the official exchange rate, they are now up 64%, the most among the largest stock markets globally. Investors jumped in even as Argentina's government has scrambled to restructure around $65 billion in foreign debt and forecasts called for the economy, mired in recession since 2018, to contract as much as 10% this year.

  • Reuters

    Q&A-UPDATE 1-DWS likes Brazil stocks, backs Chile to ride out unrest

    Latin America is poised for growth after years of under performance, Luiz Ribeiro, manager of the Latin America Equity Fund at asset manager DWS Group, said on Tuesday, forecasting regional growth would rebound in 2020 to near 2%. Ribeiro, who oversees $630 million in assets, told the Reuters Global Markets Forum that Chile was still an attractive investment and that its government had comfortable room to respond to recent unrest by spending more. Ribeiro said Brazil was his top investment pick, however, due to factors including hopes that tax reform would kick in and spur gains among domestic focused equities.

  • Reuters

    Q&A-DWS likes Brazil stocks, backs Chile to ride out unrest

    Latin America is poised for growth after years of under performance, Luiz Ribeiro, manager of the Latin America Equities fund at asset manager DWS Group, said on Tuesday, forecasting regional growth would rebound in 2020 to near 2%. Ribeiro, who oversees $310 million in assets, told the Reuters Global Markets Forum that Chile was still an attractive investment and that its government had comfortable room to respond to recent unrest by spending more.