Key Facts
The S&P Merval fell 3.22% closing at 3,185,257.25 points as a blistering multi-week rally ran into heavy profit-taking.
Grupo Galicia was the session’s most traded name slumping 4.1% with a turnover of $12m, dragging the index from recent highs.
The peso was virtually flat at 1,476 per dollar trading within the tightly managed band that has anchored the Milei administration’s stabilisation plan.
Country risk remained near the 406-basis-point threshold still the tightest level since 2018, but insufficient to prevent a technical pullback in equities.
