Friday, May 29, 2026 · Covering Thursday May 28 session
Summary
Argentina stock market report: the Merval rose 0.57% to 3,089,496.72 on Thursday May 28, a third straight gain consolidating Wednesday’s 5.05% breakout and decoupling Buenos Aires from a clear regional risk-off. While Brazil bled a third day, Colombia drifted before Sunday’s vote and Mexico reversed below 70,000, Argentina was the only major Latin American index to close higher. YPF above $50, reserves near $48 billion, and country risk pressing toward 500 basis points explain why. The rally sits within 7% of the January all-time high.
The Big Three
The Merval closed at 3,089,496.72, up 0.57%, the third consecutive up session and holding above Wednesday’s breakout, well clear of the moving-average cluster around 2,923,000.
