Argentina’s main stock index, the Merval, moves higher across multiple sessions, repeatedly closing near or approaching recent record levels. Several reports describe gains driven by improving domestic sentiment, a steadier peso, and “reform” expectations that continue to support local equities.
In the latest run cited, the Merval climbs for successive sessions, including a 1.24% rise (to about 3.15 million) and further advances such as a 0.50% recovery to about 2.79 million after rebounding off the 200-day moving average. Other updates report stronger single-day jumps—0.57% to about 3.09 million as YPF trades above $50, a 3.19% move to about 2.88 million described as a breakout, and additional increases taking the index to around 3.17 million and later higher. One article notes the index is within roughly 4% of the January all-time high, while another says it is breaking out toward its January record.
Across the coverage, sources also link performance to conditions including reserves near high levels, compressed country risk, and periods of regional caution. In some sessions, profit-taking appears, but the overall trend remains upward.
