🔴 Telecom Argentina is trading 7% down as Argentine markets face broader pressure

Telecom Argentina is trading 6.96% down at ARS 3942.50, with no clear company-specific announcement explaining the September 29 move.

• The decline comes amid broader Argentine market pressure; the S&P Merval fell 3.28% on September 28 as investors hedged against rising sovereign risk and government-debt rollover concerns.
• A September 29 market report showed Telecom down 0.70% at 09:33, alongside weakness in several local sectors; it does not establish the cause of the larger live decline.