Key Facts

Country risk hits an eight-year low, falling 6 basis points (-1.4%) to 415bps on July 3, the lowest reading since April 2018.

The peso holds firm near its 52-week ceiling, with USD/ARS at 1488, down 0.05% on the day and just 0.2% shy of the 52-week high of 1492.

YPF leads turnover on the local board, rising 2.1% on roughly $3m traded, the single most-active name in the scan.

Banco Macro and the exchange operator BYMA outperform, both up more than 2%, as compressing funding costs lift banks and market infrastructure names.