Key Facts
The S&P Merval slipped 0.71% to 3,233,105 points pulled lower by heavy foreign-currency selling in US-listed tech proxies that dominate the local board’s turnover.
The Argentine peso strengthened 0.28% to 1,496 per dollar in the official market sitting just 0.3% below its 52-week high of 1,500 as the central bank continued its managed crawling-peg depreciation.
Energy heavyweight YPF rose 0.3% on turnover of $9 million making it the session’s second most-traded name as investors rotated out of tech and into domestic hard-asset stories.
Banking bellwether Grupo Galicia fell 0.8% on $9 million traded while utility Pampa Energía slid 1.5%, the worst domestic loser, as profit-taking crept into the Milei reform basket.
