Key Facts

Merval closed 3,223,998 down 1.32% on the day, a breather after a run that had carried the Buenos Aires blue-chip index toward records

Grupo Galicia fell 2.1% on roughly $12m of turnover, the banks giving back ground even as the wider reform trade stayed intact

YPF rose 1.8% on about $25m, the busiest domestic name of the session, energy carrying the tape while financials paused

country risk sat near 408–417bp its tightest in eight years after Economy Minister Luis Caputo detailed the 2026-2027 debt plan, keeping the credit story firmly bid