Merval climbs 1.83% to 3,033,848 as bank stocks lead a steadier peso and bond session. Argentina's country risk holds at 512 points.
Key Facts
The S&P Merval closed at 3,033,848 points a gain of 1.83% on the session, with the broader S&P BYMA index up 1.95%.
The wholesale peso firmed slightly to 1,512 per dollar while the parallel blue dollar stayed at 1,555.
Banks powered the rally with BBAR up 4.1%, Grupo Supervielle up 3.2%, and Grupo Galicia and Banco Macro gaining around 3%.
Country risk was unchanged at 512 points still elevated but stable, suggesting no fresh sovereign-debt alarm.
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