Headline Details

EMERGING MARKETS-Latam shares, FX rally as hopes of COVID-19 drug lifts sentiment

Published on: Wed, 29 Apr 2020 19:52:27 UTC
News Agency: Reuters
Description:
Joining a global rally, Latin American stocks surged on Wednesday, with Brazil and Mexican shares at near seven-week highs, as hopes of a treatment for the COVID-19 pandemic boosted risk sentiment. U.S. drugmaker Gilead Sciences said its experimental antiviral drug remdesivir helped improve symptoms for COVID-19 patients who were given the drug early. The development comes as many countries plan to gradually reopen economies

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