Merval Snaps February Losing Streak as Reform Vote and Dollar Collapse Fuel Rally
Merval Snaps February Losing Streak as Reform Vote and Dollar Collapse Fuel Rally
The Big Three 1 Merval rises +1.2% to 2,873,248, ending a bruising February losing streak. IRSA surged 8.7% and BYMA jumped 8.2% as the labor reform approval in the lower house re-energized investor confidence. In dollar terms (CCL-adjusted), the index gained 1.7% to ~US$1,996, though it still sits 10% below its January highs. 2 The […]
The Big Three 1 Merval rises +1.2% to 2,873,248, ending a bruising February losing streak. IRSA surged 8.7% and BYMA jumped 8.2% as the labor reform approval in the lower house re-energized investor confidence. In dollar terms (CCL-adjusted), the index gained 1.7% to ~US$1,996, though it still sits 10% below its January highs. 2 The […]
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