Macroeconomy/Finance

MSCI decided to keep Argentina in the emerging market category

After the close of the markets, where Argentine ADRs bounced up to 5.2%, the leading index provider MSCI decided to keep Argentina in the emerging market category, although it warned that it could remove that status if controls are tightened, and market accessibility deteriorates. Currently, only three shares of Argentine firms are part of the MSCI index: Telecom Argentina, YPF and Globant, with the participation of 0.12%.

Source: Ámbito

Categories: Macroeconomy/Finance