News of stocks

Stocks move higher, pushing S&P 500 closer to record high

11-08-2020 14:13 Stocks are opening higher on Wall Street, pushing the S&P 500 ever closer to the all-time high it reached back in February, before the coronavirus shutdowns slammed the economy.

MARKETS

Argentina risks losing emerging markets status, warns MSCI

23-06-2020 23:27 Concern about market accessibility in Argentina prompted MSCI to flag the country during this year's 2020 rating review. Turkey was also warned.

Coronavirus pandemic

Financial markets in turmoil over fear of virus lockdowns

16-03-2020 10:39 Global stocks fell sharply Monday after central bank moves to shore up economic growth failed to dispel investor's fears over virus controls that are shutting down global business and travel.

Pandemic Consequences

Dow plummets again as sell-off over the coronavirus deepens

12-03-2020 13:24 Stocks slide, triggering brief, automatic shutdown in trading for the second time this week. Oil also declined, price per barrel plummeting to under US$31.

Coronavirus consequences

Wall Street down more than 5% as stakes rise in coronavirus pandemic

11-03-2020 16:20 As Covid-19 officially became designated as a global pandemic, stocks once again saw a sharp decline, with the Dow Jones Industrial Average down another 1,400 points.

Coronavirus impact

Coca-Cola among firms harmed by effect of coronavirus on markets

21-02-2020 17:00 Beverage behemoth Coca-Cola says Friday that coronavirus will affect sales in the first quarter due to its impact on global markets.

ECONOMIC INDICATORS

BA stock exchange soars as economic measures kick in

26-12-2019 21:50 The Buenos Aires stock exchange rose by almost six percent on Thursday as a package of economic reforms came into effect in Argentina.

bloomberg

Argentine bonds sink to 36 cents as Fernández stays mum

13-11-2019 17:43 Investors are seeking definition and signs Argentina will do everything to avoid default. But president-elect Alberto Fernández still hasn't detailed his plans.

BLOOMBERG

Markets: Here’s what to watch after Argentines vote on Sunday

24-10-2019 13:34 With frontrunner Alberto Fernández in pole position, the question is how much support the new government will get in Congress and how conciliatory he may prove to market-friendly incumbent Mauricio Macri.

BLOOMBERG

Third Point blames Argentina bet for biggest third-quarter loss

24-10-2019 12:27 Hedge fund says it miscalculated and failed "to anticipate the extent of Macri’s loss in the primary election."

BLOOMBERG

Once-bitten Argentine investors aim to avoid panic on Sunday

23-10-2019 11:33 A victory by Alberto Fernández this weekend would leave investors in a holding pattern as they await clarity on his policies and a the appointment of a cabinet.

ECONOMIC INDICATORS

Stock Exchange down 11.9% on second day of currency controls

03-09-2019 18:14 The Merval index of the Buenos Aires Stock Exchange fell 11.9 percent on Tuesday, with slumps registered for banks and energy companies.

BLOOMBERG

Bonds fall, peso seen steady as capital controls begin

02-09-2019 12:21 Money managers dumped Argentina’s Eurobonds after the government imposed capital controls on Monday morning.

PASO FALL-OUT

Argentine peso rebounds after Macri, Fernández call for calm

15-08-2019 14:56 The peso regained value against the dollar as markets opened on Thursday, following three days of sharp declines.

PASO FALL-OUT

Argentina assets extend slump as election-fuelled rout deepens

13-08-2019 18:48 One day after the so-called 'Black Monday,' Argentine assets continue to decline. Stocks were the one bright spot, rebounding eight percent.