Argentina’s Stock Market Steadies After the Index Crash
Argentina's stock market steadied after a significant index crash, with the Merval slipping only 0.46% to 3,096,068 on June 25. The damage from the crash has been contained, with government bonds holding firm and the country-risk gauge barely moving. The market is now searching for a floor, with the reform trade shifting to focus on fundamentals such as economic activity, credit, and earnings.
- ▪The Merval slipped 0.46% to 3,096,068 on June 25, a fifth straight down day but a fraction of the prior day's plunge.
- ▪The damage from the crash has been contained, with government bonds holding firm and the country-risk gauge barely moving.
- ▪The peso held steady near 1,477 per dollar, confirming that the repricing was stock-specific rather than a broad loss of confidence in Argentina.
Opening excerpt (first ~120 words) tap to expand
Argentina Argentina Markets Argentina’s Stock Market Steadies After the Index Crash By Richard Mann · June 26, 2026 · 10 min read Daily Brief The morning intel from across Latin America. Free. Subscribe By subscribing you agree to our privacy policy. We never share your email. Key Facts The Merval slipped just 0.46% to 3,096,068 on June 25 — a fifth down day, but by far the mildest. The MSCI selloff is exhausting — the index is searching for a floor after this week’s crash. The damage stayed in equities — bonds held firm and the country-risk gauge barely moved. The peso held steady near 1,477 per dollar — confirming this was a stock-specific repricing. The reform trade shifts to fundamentals — from an index-upgrade bet to activity, credit and earnings.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Rio Times.
Discussion
0 commentsMore from The Rio Times
