Investing in Argentina ADRs / Argentina Stocks List
While there is a good selection of NYSE and NASDAQ listed Argentina ADRs for American investors to choose from, the 2012 renationalization of 51% of YPF SA (NYSE: YPF) by President Cristina Fernández de Kirchner gave foreign investors second thoughts about investing in a country with a long history of anti-capitalistic left and right wing populism. Although Kirchner is now gone from office and Argentina is making yet another political u-turn, foreign investors might want to be cautious about investing in Argentine stocks involved in the energy, natural resources and utilities sectors as they all are or could be subject to price controls, export restrictions and/or whatever the latest whims of the current and any future (populist) regimes are. Investors interested in investing in Argentina ADRs should also check out our Argentina ETF list along with our Latin America ETF list (region wide), South America ETF list and Latin America closed-end fund list (region wide) as some region wide ETFs and closed-end funds may have exposure to Argentina stocks.
Note: If there are any ADRs to add or remove from this list or there are bad links, please write a note in the comments section so it can be fixed. Likewise, adding any other comments or advice would also be appreciated.
List of Argentina ADRs Trading on Major US Stock Exchanges & the Over-the-Counter (OTC) Exchange
Argentina Stock Exchanges
The Buenos Aires Stock Exchange or Bolsa de Comercio de Buenos Aires (BCBA) was founded in 1854 and is the successor of the Banco Mercantil, created in 1822 by Bernardino Rivadavia, the first President of Argentina. After Argentina’s stock exchange operator Mercado de Valores de Buenos Aires merged (in 2017) with Bolsa de Comercio de Buenos Aires and underwent a name change to Bolsas y Mercados Argentinos (BYMA), the newly formed entity’s shares are set to start trading on the open market.
In addition, and founded in 1988, the Mercado Abierto Electrónico is an electronic securities and foreign-currency trading market while the Rosario Board of Trade or Bolsa de Comercio de Rosario (BCR) was founded in 1884 and is involved several markets, including grain, oilseed, agricultural products and their by-products, as well as securities and other assets such as futures and derivatives through the Rosario Futures Exchange (ROFEX).
Here are some useful and mostly English news resources for investing in Argentina ADRs or stocks or about Argentina in general:
- Ámbito Financiero
- América Economía Argentina
- The Argentina Independent
- The Bubble
- Buenos Aires Herald
- La Capital
- La Nación
- La Prensa
- La Razón
- Página 12
Note: If you have a good blog or other useful resource for investing in Argentina or about Argentina stocks in general, please let us know as we would be happy to do a link exchange.