• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Argentine ADRs rise up to 4.6% on Wall Street, but country risk stays above 670 points

FinanceInternationalAmbito30 s readAI summary
Image: Ambito

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.
Read the full story at Ambito

IASummary generated by artificial intelligence from a story by Ambito. It may contain errors: the original source prevails.

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