NewsMacro & flows
Merval gets a new name and a new administrator, effective today
The S&P Merval has ceased to exist, and as of this Monday, MSCI has taken control of the Argentine stock market index. MSCI is a global firm that develops the benchmark indices used by large international funds to decide where to invest.
This change in administration could increase the visibility of the Argentine market among foreign investors, which, in the medium term, could generate greater demand for local stocks and improve market liquidity.
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