Key Facts

The Merval closed at 3,277,512, down 0.42% on June 22 — a shallow drift lower as investors waited out the day before a major index ruling.

The peso barely moved — at about 1,461 per dollar it was the session’s clearest tell that this was local caution, not a retreat from Argentina.

No single name did the damage — the banks and energy producers that anchor the index edged down together in thin, wait-and-see trade.

Colombia was the region’s outlier — its market fell more than 4% as a post-election surge reversed, while Brazil and Chile rose.