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Merval Eases to 3,248,428 as MSCI Upgrade Hope Fades
Argentina's Merval slipped 0.89% to 3,248,428 on June 23, a second pullback from its record as the MSCI upgrade hope kept fading; the peso held steady.
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Timeline cronologica
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Argentina Misses Its Big Index Upgrade, and Bank Stocks Crash
Argentina MSCI ruling kept the country in the lowest market tier, deferring close to a billion dollars of foreign buying and sending bank stocks tumbling.
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Argentina's Merval Eases Ahead of the MSCI Verdict
Argentina's Merval eased 0.42% to 3,277,512 on June 22 as investors waited out the June 23 MSCI ruling; a steady peso marked it local caution.
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Merval Eases to 3,248,428 as MSCI Upgrade Hope Fades
Argentina's Merval slipped 0.89% to 3,248,428 on June 23, a second pullback from its record as the MSCI upgrade hope kept fading; the peso held steady.