UPDATE 2-Argentina country risk improves for second day, peso steadies [Reuters (UK)]
Grupo Supervielle S.A. American Depositary Shares each Representing five Class B shares (SUPV)
Last grupo supervielle s.a. american depositary shares each representing five class b shares earnings: 2/19 04:38 pm
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Source: Reuters
Argentina country risk improves for second day, peso steadies - Reuters 3 Min Read BUENOS AIRES (Reuters) - Argentina’s country risk fell on Thursday for the second consecutive day and the peso held its ground as the government’s new capital controls help steady markets. Country risk fell by 140 basis points to 2,000, after previously touching the highest levels since 2005. The peso ARS=RASL was 0.1% weaker at 56.08 per dollar by early afternoon, traders said. Argentina's S&P Merval stock index .MERV was up by more than 6% for a second day. “After the abrupt collapse, Argentine assets are warming up for a technical rebound as traders look to selectively take some positions by betting on the excessive accumulated weakness (of bonds and stocks),” said economist Gustavo Ber of local firm Estudio Ber. Argentina’s newly imposed capital controls helped stabilize haywire markets that have plumbed record lows since President Mauricio Macri was trounced in a primary vote last month, dashing hi
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