Wednesday, May 27, 2026 · Covering Tuesday May 26 session
Summary
Argentina stock market report: the S&P Merval jumped 2.75% to 2,924,355.74 on Tuesday May 26, its first session back after Monday’s national holiday, opening exactly at Friday’s close and running to a new local high. The reopen priced two days of news at once: the Iran oil relief that lifted the region while Buenos Aires was shut, plus Argentina’s own reform momentum. The move cleared the 200-day line, extending the best week in Latin America, with country risk near the symbolic 500 mark and reserves close to a record.
The Big Three
The Merval closed Tuesday at 2,924,355.74 (+2.75%, +78,135 pts) on a breakout candle that opened at 2,846,220, exactly Friday’s close. The first session after the May 25 holiday cleared the 200-day line and the moving-average cluster that had capped the tape.
