Business Standard

Tuesday, December 24, 2024 | 11:24 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Argentina's 48% stock fall second in list of biggest market routs in 70 yrs

Sri Lanka's bourse tumbled more than 60 per cent in June 1989 as the nation was engulfed in a civil war

stock market
Premium

Bloomberg
The surprise outcome in Argentina’s primary vote roiled the nation’s 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. Sri Lanka’s bourse tumbled more than 60 per cent in June 1989 as the nation was engulfed in a civil war.

Here are the top 5:


What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in