Stocks

Argentina’s 48% stock rout second-biggest in past 70 years

Bloomberg New York | Updated on August 13, 2019 Published on August 13, 2019

Only Sri Lanka has suffered a worst single-day drop since 1950

 

The surprise outcome in Argentina’s primary vote roiled the nations financial markets, sending the S&P Merval Index plunging 48 per cent in dollar terms.

That marked the second-biggest one-day rout on any of the 94 stock exchanges tracked by Bloomberg going back to 1950.

Here are the top 5 crashes:

 

 

Published on August 13, 2019
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