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Top related persons:
Agustin Marcarian - 2 Argentina's Javier Milei - 1 Todd Sohn - 1 Sohn - 1 Suzanne McGee - 1 Megan Davies - 1 Andrew Heavens - 1 Mauricio Macri - 1
Top related locs:
Buenos Aires Argentina American New York ARGT Grupo Financiero Galicia BUENOS AIRES MERV
Top related orgs:
REUTERS - 2 Thomson - 2 Argentina ETF - 1 Management - 1 Inc - 1 U.S - 1 Banco - 1 Grupo Financiero - 1

Search resuls for: "Buenos Aires Stock Exchange"


2 mentions found


☆ Argentine ETF trading surges after election, led by small investors
  + stars: | 2023-11-20 | by ( Suzanne Mcgee | ) www.reuters.com   time to read: +2 min
The Global X MSCI Argentina ETF , which offers exposure to a basket of the country's most liquid stocks, soared more than 13% on Monday and hit its highest level since September. While the South American country's markets are closed on Monday for a local holiday, U.S.-listed shares of Argentinian companies also surged in U.S. trading. The gains for the ETF came through large amounts of small trades, Todd Sohn, an ETF analyst at Strategas in New York, said. By mid-morning, the value of trading in the ETF had topped $11 million, compared with average of about $1 million a day throughout 2023. "These small country funds are ideal vehicles for small day traders who jump on events" like Sunday's presidential election in Argentina, Sohn said.
Persons: Agustin Marcarian, Argentina's Javier Milei, Todd Sohn, Sohn, Suzanne McGee, Megan Davies, Andrew Heavens Organizations: REUTERS, Argentina ETF, Management, Inc, U.S, Banco, Grupo Financiero, Thomson Locations: Buenos Aires, Argentina, American, New York, ARGT, Grupo Financiero Galicia
☆ Argentina's markets keep wary eye on primary vote after 2019 crash
  + stars: | 2023-08-11 | by ( Walter Bianchi Jorge Otaola | Walter Bianchi | Jorge Otaola | ) www.reuters.com   time to read: +3 min
A man wearing a face mask as a protective measure against the coronavirus disease (COVID-19) walks past the entrance of the Buenos Aires Stock Exchange, a day after midterm primary elections, in Buenos Aires, Argentina September 13, 2021. The primary, which unusually is an obligatory nationwide vote, defines internal leadership battles and acts as a dry run for the general election. The primary vote four years ago delivered a shock landslide defeat to the government of conservative then-President Mauricio Macri, sparking a crash in bonds, equities and the peso currency that Argentina has yet to fully recover from. Ex-security tsar Patricia Bullrich and Buenos Aires city Mayor Horacio Larreta are vying to lead the opposition, and Economy Minister Sergio Massa is a unity candidate for the Peronists. The country's S&P Merval (.MERV) stock market index, meanwhile, has been soaring, seen as a safe haven for local investors and a refuge from the damaging impact of inflation.
Persons: Agustin Marcarian, Mauricio Macri, it's, Mauro Natalucci, Rava Bursátil, Patricia Bullrich, Horacio Larreta, Sergio Massa, Javier Milei, Jorge Otaola, Walter Bianchi, Adam Jourdan, Cynthia Osterman Organizations: Buenos Aires Stock Exchange, REUTERS, Peronist, Reuters Graphics Reuters, Argentine, SBS Group, International Monetary Fund, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, MERV
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