The Top Five Banks in Argentina Based on Tier 1 Capital

The Top Five Banks in Argentina based on Tier 1 Capital at the end of last year are listed below: Click to enlarge Source: The Banker Banco Macro(BMA) and BBVA Banco Frances (BFR) trade on the U.S. markets and both are up over 29% and 27% respectively YTD. Banco Macro has suspended its dividends and has …

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Should You Invest in Argentina Stocks Now?

The Argentine stock market is depressed this year. Argentina’s Merval index is down 8.89% year-to-date(YTD) while Brazil’s Bovespa is up 1.4%, Chile’s IPSA is flat and Mexico’s IPC index has shot up 13.1%. The difference in performance between the Merval and the three other indices is much higher over the past 5 years. The five-year …

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Argentina Stocks Look Attractive Now

The Argentine equity market was one of the best performing markets last year. The Merval index performed better than Mexico, Brazil and other peers but behind Chile and Peru. However, this year Argentine stocks are laggards among emerging markets. While emerging markets in general are down this year due to inflation risks and other factors, …

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Argentine Stocks May be Ready for a Rebound

After defaulting on its debt in 2001, Argentina was shunned by international investors. Last year, Argentina was booted from the MSCI Emerging Markets Index. However the economy of Argentina may be ready for a rebound and catch up with the growing Latin American economies of Brazil and Colombia. In2001, Colombia was considered a failed state …

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New Argentina ADR: Pampa Energia

Pampa Energia (PAM) is an electric utility from Argentina to list its ADR (American Depository Receipt) shares in the New York Stock Exchange on October 9, 2009. Each ADR represents 25 common shares of the Company. Corporate Profile from Pampa’s Website: “Pampa Energía S.A. is the largest fully integrated electricity company in Argentina. Through its …

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Three Nasdaq-listed Argentina ADRs

Argentina is the second largest country in South America after Brazil. It is classified as a upper-middle income market by the World Bank. Like Brazil, Argentina is blessed with an abundance of natural resources. Agriculture is one of the main export sectors. Argentina had been plagued with financial crisis for many years. From the Wikipedia: …

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