Key Facts
The S&P Merval, Argentina’s main stock index, fell 1.02% to close at 3,156,332 points as traders booked profits on the recent rally.
The peso, trading as the USD/ARS exchange rate, was nearly flat at 1,496 per dollar, a whisper from its 52-week low of 1,500.
Energy giant YPF led the blue-chip declines, falling 2.0% with heavy turnover of $12 million, making it the session’s most-traded domestic name.
Banking heavyweight Grupo Galicia lost 1.3% on $9 million in volume, reflecting a breather in the financial-reform trade.
