Argentina's Merval rose 1.14% to about 3.29 million on June 17, recovering most of the prior day's drop and nearing its record even as the Fed hit markets.
Key facts
Argentina’s Merval index closed up +1.14% at about 3,291,883 on Wednesday, June 17, a gain of roughly 37,000 points.
The rise recovered most of the previous day’s 2.92% drop, the sharpest fall of its recent run.
The bounce came even as the U.S. Federal Reserve’s harder line on rates pulled most of the region and Wall Street lower.
The close sits just below the all-time high of about 3,296,502 set in late January.
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