Argentina's Merval slipped 0.89% to 3,248,428 on June 23, a second pullback from its record as the MSCI upgrade hope kept fading; the peso held steady.
Key Facts
The Merval closed at 3,248,428, down 0.89% on June 23 — a second straight pullback from its early-June record.
The fading MSCI upgrade bet was the driver — last week’s review showed no progress toward an emerging-market move.
The peso barely moved — at about 1,471 per dollar it marked the dip as local repositioning, not flight.
No single name did the damage — the banks and energy producers that anchor the index eased together.
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