Stock Market in Argentina

Argentina Stock Market | Economic News & Forecasts

Argentina - Stock Market

The economy seems to have markedly improved in the second quarter, after diving domestic demand caused GDP to contract in the first quarter. The economy expanded for the first time in over one year in May, propped up by a vigorous agricultural sector. Additionally, consumer confidence picked up in Q2, while the trade balance remained in surplus throughout the quarter. In further positive news, on 12 July, the IMF approved a fourth review of the standby credit deal, praising the country’s overcompliance with the deal’s criteria and authorizing the disbursement of a further USD 5.4 billion. Moreover, the government asked the IMF for tougher fiscal goals, to make its commitment to public-debt reduction more credible; in early July, Moody’s had changed its outlook from stable to negative, due to risks of a reversal in fiscal consolidation.

Argentina - Stock Market Data

2013  2014  2015  2016  2017  
Stock Market (annual variation in %)88.9  59.1  36.1  44.9  77.7  

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Argentina Facts

ValueChangeDate
Bond Yield6.690.15 %Dec 17
Exchange Rate43.880.45 %Jul 31
Stock Market42,0582.26 %Jul 31

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