Key Facts
Merval closes at 2,995,129, a gain of 2.81% on the session led by a powerful rebound in bank shares after weeks of election-driven caution.
The peso weakened to 1,510 per dollar up 0.67% on the day, with the dollar at the top of its 52-week range as importers and savers sought dollars.
Grupo Galicia, Banco Macro and BBVA’s local arm led the charge with gains of 5.0%, 5.4% and 5.1% respectively on heavy local turnover.
Country risk climbed above 500 points a reminder that the political calendar—not just the equity tape—is now setting the price.
