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Argentina Stock Market Crashes


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#1 Atossa

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Posted 12 August 2019 - 11:09 PM



BBC news:

Argentine peso and markets plunge after shock vote

12 August 2019

Argentine stock markets and its currency have both plunged after conservative Argentine President Mauricio Macri suffered a shock defeat in primary elections on Sunday.

" The peso fell 15% against the dollar on Monday after earlier plunging around 30% to a record low.

Some of the country's most traded stocks have also lost around half of their value in one day.

**

Argentina is a country that has suffered with all sorts of economic problems that are taught in textbooks.

But even by its standards, this market meltdown is unprecedented.

In just two hours, a third of the Merval index (which accounts for the most traded stocks in the country) was wiped out in value. "

more at link


https://www.bbc.com/...siness-49323553


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#2 Atossa

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Posted 12 August 2019 - 11:11 PM





DOW was DOWN almost 400 points today.


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