Key Facts
The S&P Merval, Argentina’s main stock index, rose 0.46% to close at 3,199,934 points on Friday led by a sharp rally in energy producer YPF.
The Argentine peso weakened 0.20% against the US dollar closing at 1,478 pesos, edging closer to its 52-week low of 1,492.
YPF, the state-controlled oil and gas giant, jumped 2.4% with $10 million in trading volume making it the session’s standout domestic performer.
Financial heavyweight Grupo Galicia was essentially flat, slipping just 0.1% suggesting a pause rather than a reversal in the Milei reform trade.
