Argentine ADRs rise up to 4.6% on Wall Street, but country risk stays above 670 points
Argentine stocks in Wall Street closed mostly higher, led by Telecom Argentina (+4.6%), Globant (+4.4%) and Grupo Financiero Galicia (+3.8%). The MSCI Merval gained 1.6% to 99,531 points. Dollar bonds ended mixed and country risk rebounded 0.3%, holding above 670 points. INDEC reported activity rose 0.1% month-on-month seasonally adjusted in August and fell 1.7% year-on-year.
In 30 seconds
- Telecom Argentina led ADR gains with 4.6%, followed by Globant (+4.4%) and Grupo Financiero Galicia (+3.8%).
- The MSCI Merval rose 1.6% to 99,531 points and its dollar version gained 0.9% to 61 points.
- Country risk rebounded 0.3% and held above 670 points, with dollar bonds posting mixed results.
IASummary generated by artificial intelligence from a story by Ambito. It may contain errors: the original source prevails.




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