Argentine equities, bonds rise on Macri's moderate running mate
- Country:
- Argentina
Argentine equities and over-the-counter bonds rose sharply on Wednesday after centre-right President Mauricio Macri chose a moderate, Peronist running mate for his re-election bid, a move that could broaden his voter base.
Argentina's benchmark Merval equities index had climbed 6.0% by late morning trade, while over-the-counter Argentine bonds climbed 2.0% percent. A closely watched JP Morgan country risk index fell 11 basis points to 848 points overall, continuing a more dramatic slide on Tuesday.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
Advertisement
ALSO READ
Supreme Court dismisses plea seeking breathalyser test before voters are permitted to cast vote at every polling booth during elections.
Rajeev Chandrasekhar sends legal notice to Shashi Tharoor over 'false allegations' of bribing voters
Supreme Court rejects petition seeking breathalyser tests for voters at polling stations
Trump hush money charges seen as serious by most voters, Reuters/Ipsos finds
Kandhamal administration installs selfie points, organises Rangoli competitions to attract voters