Argentina's Merval rose 1.8% on Tuesday, driven by energy and utility stocks. The peso strengthened against the dollar. Full market wrap with key movers.
Key Facts
The Merval, Argentina’s main stock index, settled at 3,281,979 points, a rise of 1.81% for the session.
Energy and utility companies drove the rally, with Pampa Energía and Metrogas posting some of the strongest gains.
The peso strengthened, with the USD/ARS rate falling 0.25% to 1,478 pesos per dollar.
Trading was concentrated in YPF and Grupo Galicia, which together accounted for a large portion of the day’s volume.
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