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Buenos Aires shares plunge 8.2%; US dollar trades cautiously fearing raids

Thursday, October 2nd 2014 - 07:24 UTC
Full article 16 comments

Buenos Aires shares plunged on Wednesday 8.2% to 11.516,28 units following the news that the Central Bank chief Juan Carlos Fabrega had resigned. The Merval benchmark stock index has risen 132% so far this year. Read full article


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  • Britworker

    I wonder how Kirchners resignation would effect the share price. I'm guessing not negatively.

    Oct 02nd, 2014 - 09:11 am - Link - Report abuse 0
  • malicious bloke

    An interesting visual representation of the mechanics of freefall, methinks.

    Economy going under at 9.81 ms^-2

    Got to love socialism.

    Oct 02nd, 2014 - 09:23 am - Link - Report abuse 0
  • Conqueror

    @1. Please. The word is “affect”. Please look up the difference between “effect” and “affect”. Every time someone does something like this, it's an affront to the English language.

    Oct 02nd, 2014 - 10:55 am - Link - Report abuse 0
  • golfcronie

    I have asked many times “ why is there 4 exchange rates ”? Does anyone know? Any Argentines care to give me an answer, ( no abuse ) just a serious answer.

    Oct 02nd, 2014 - 02:40 pm - Link - Report abuse 0
  • Britworker

    You've got bloody room to talk with crap you write, jeez!

    Oct 02nd, 2014 - 03:17 pm - Link - Report abuse 0
  • reality check

    This new yes man, is going to go after these “speculators.”

    That's why she put it him there.

    Oct 02nd, 2014 - 03:55 pm - Link - Report abuse 0
  • yankeeboy

    I really miss Think's thoughtful musings on the ever benevolent and brilliant Ks, the ever growing wealth of the good and righteous Argentinians, the excellent economic stewardship of the brilliant AxelK...
    gag ak I really couldn't keep going and keep my lunch down
    Where oh where does that Think get to when there's clearly so much to celebrate?

    Oct 02nd, 2014 - 04:45 pm - Link - Report abuse 0
  • knarfw

    @3. Calm down, theirs a good boy.

    Oct 02nd, 2014 - 07:00 pm - Link - Report abuse 0
  • Voice

    Ooo goody I didn't realise Conq could be so easily effected by the affects of language error....
    ...I will need to bare this in mind....

    Oct 02nd, 2014 - 07:23 pm - Link - Report abuse 0
  • ElaineB

    @7 Isn't Axel 'his boy'?

    Oct 02nd, 2014 - 07:36 pm - Link - Report abuse 0
  • Troy Tempest

    9 fuckwit

    “ ...BEAR this in mind... ”

    LOL !!!

    Oct 02nd, 2014 - 07:46 pm - Link - Report abuse 0
  • Voice

    Oh dear...the Fcukwit @11 never saw the joke....oh my....
    I'll explain for the dumbfcuk......“effected”...“affects”...“bare”
    ...were all errors......

    Oct 02nd, 2014 - 11:05 pm - Link - Report abuse 0
  • Z-ville

    Well, it is starting to look like their economy is starting to clip the treetops...when will this parade of good news ever end?

    Oct 03rd, 2014 - 12:20 am - Link - Report abuse 0
  • Troy Tempest

    I admit I don't pay much attention to your throw-away posts.

    Didn't see the joke.

    But then, nobody besides you, thinks you're funny.

    Oct 03rd, 2014 - 01:59 am - Link - Report abuse 0
  • yankeeboy

    14. I think Voice is funny in a sad and pathetic way.
    Does that count?

    If he and Think weren't such d*cks I'd feel sorry for them.
    but I don't

    Oct 03rd, 2014 - 10:57 am - Link - Report abuse 0
  • chronic

    Fear not!

    Neither rotting roadkill nor its stock exchange is a danger to anyone other than rotting roadkill. It is infinitesimally small.

    Per the World Federation of Exchanges' September 2014 report, the market capitalization of the entire BCBA was 00.34% of that of the NYSE. This figure is computed at the blanco rate so in reality it is closer today to 00.18% of that of the NYSE's capitalization.

    Tiny. Insignificant. Like you, Elvis. The NYSE is Two Thousand, Two Hundred and Seventy-eight (2,778) times larger than rotting roadkill's exchange. These figures put the insignificance of Cretina and Cap and the Tinman in perspective. Even if rotting roadkill weren't so sickly and highly flawed - it's absence would be hardly noted on the world stage save for the corruption and demagoguery of its leaders.

    rotting roadkill, your Gringo Amigos salute you for being insignificant as other than comic relief.

    Oct 03rd, 2014 - 04:46 pm - Link - Report abuse 0

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