Tag: Latin American investors

• Thursday, September 11th 2014 - 04:30 UTC

  Despite all the negative economic data, Argentina's stock market has almost doubled this year

  

  Despite all the negative news on government restrictions imposed on the Argentine economy and the shortage of hard currency, the country's Merval Index has skyrocketed almost 100% this year, the highest of any stock market in the world. It includes many of the largest companies in the country such as Telecom Argentina and Energy Petrobras, along with banks and a steel maker.