Argentina’s Stock Market gives a vote of confidence in the economies future

The upgrade from a Frontier Economy to a Emerging one means funds that track the emerging markets index will now be able to invest in foreign-listed shares of Argentine companies. The Global X MSCI Argentina exchange-traded fund, which is composed of that index, was up 1.7% at $28.96 as of 5:20 p.m. local time (2020 GMT). But local stocks, as well as other Argentine assets, were benefiting from improved sentiment. Argentina’s country risk – a measure of the spread between its bond yields and those…
Real Estate and Investment News from South America
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