EMERGING MARKETS-Latam shares, FX rally as hopes of COVID-19 drug lifts sentiment
Wed, 29 Apr 2020 19:52:27 UTCNews Agency:
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
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