XM does not provide services to residents of the United States of America.

Argentina ADRs, ETF climb as Senate passes reform bill



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>BUZZ-Argentina ADRs, ETF climb as Senate passes reform bill</title></head><body>

** U.S.-listed shares of Argentine companies rise in premarket trading after Argentina's Senate passed a bill that is key to libertarian President Javier Milei's economic reform plans, and renewed a Chinese swap line

** The bill passed after a marathon debate and senators are set to vote on each article of the package designed to boost investment by divesting from state entities and providing incentives for businesses

** The Global X MSCI Argentina ETF ARGT.N gains 5.6%

** Oil company YPF YPF.N up 7.9% and Central Puerto CEPU.N climbs 6.5%

** Financials such as Grupo Supervielle SUPV.N, Banco Macro BMA.N, Banco Bbva Argentina BBAR.N and Grupo Financiero Galicia GGAL.O up more than 5%

** Loma Negra Compania Industrial Argentina LOMA.N adds 1.4%, while IRSA Inversiones y Representaciones Sociedad Anonima IRS.N up 5%

** Tele Argentina TEO.N up 4.1%

** Argentina's local stock index .MERV up nearly 69% this year after having rallied ~360% in 2023



Reporting by Sruthi Shankar in Bengaluru

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.