-
A Glimmer Of Hope During A Bad Month For The Argentina ETF
Tuesday, August 27, 2019 - 12:18pm | 528Life happens fast in financial markets and in the course of one trading day, a stock or exchange traded fund can go from hero to laggard. That happened to the Global X MSCI Argentina ETF (NYSE: ARGT) on Aug. 19. What Happened A day after President Mauricio Macri suffered a stunning defeat in a...
-
How Option Traders Are Playing Grupo Financiero Galicia Following Argentina Market Crash
Tuesday, August 13, 2019 - 3:11pm | 608Shares of Argentine bank Grupo Financiero Galicia S.A. (NASDAQ: GGAL) have crashed 50% this week amid one of the worst equity market collapses in recent global history in Argentina. At least one large option trader took the opportunity to make a move on Grupo Financiero Galicia on Tuesday morning....
-
Assessing The Argentina ETF
Friday, January 12, 2018 - 1:35pm | 481The Global X MSCI Argentina ETF (NYSE: ARGT), the largest exchange traded fund dedicated to stocks in South America's second-largest economy, was one of the best-performing single-country ETFs last year. ARGT surged almost 54 percent in 2017, outpacing the S&P Latin America 40...
-
Argentina: Not Quite Ready For Prime Time
Thursday, July 20, 2017 - 8:56am | 512The Global X MSCI Argentina ETF (NYSE: ARGT) has spent significant time this year as one of the best-performing single-country exchange-traded funds, but the largest ETF dedicated to Argentine stocks slipped a bit in June amid disappointing news from index provider MSCI Inc. (NYSE: MSCI). A key...
-
Commodities, Financials And Politics: LatAm's 'Increasingly Critical' Situation Explored
Friday, November 25, 2016 - 10:02am | 855“As of December of last year, we’ve seen a very large shift in expectations with Mauricio Macri’s victory [in Argentina], given that the third economy in the continent, trailing Brazil and Colombia, turned drastically from a populist, economic growth model to a more pro-liberal...
-
British Pound Outranks Argentina's Peso As Worst Performing Currency
Friday, July 8, 2016 - 2:27pm | 314The British pound, also known as the sterling, gained 0.34 percent Friday morning — a move that is hardly sufficient to erase its nearly 3 percent decline over the past four trading days; the currency is trading at levels it hasn't seen since the 1980s. The British pound sank immediately...
-
Argentina Is Awesome: The ETF, Not Lionel Messi
Friday, June 17, 2016 - 2:59pm | 532Alright, alright. Argentine footballer Lionel Messi is awesome, too. Awards and statistics and mind-blowing goals confirm as much, but let's focus on the Global X MSCI Argentina ETF (Global X Funds (NYSE: ARGT)). ARGT, the lone exchange traded fund dedicated to Argentine equities, is up 19.6...
-
No Hand Of God Goal, But Argentina ETF Is For Real
Monday, March 7, 2016 - 10:25am | 617After years of lost opportunity and mismanagement at the hands of two Kirchner administrations, the Argentine economy is getting back on track. That could be taken as a sign that this year's bullishness from the Global X MSCI Argentina ETF (Global X Funds (NYSE: ARGT)) something to be taken...
-
40 Big Brands Likely Returning To Argentina With The Government Change
Tuesday, December 8, 2015 - 11:09am | 515A few weeks ago, Argentina had its first-ever presidential runoff. Center-right wing candidate Mauricio Macri (and his party, Cambiemos) won with roughly 51.3 percent of the votes, while the center-left wing candidate (with the current ruling party, Frente Para La Victoria) received about 48.6...