🇦🇷 Buenos Aires

S&P Merval Gains 2.35% in Week Ended July 3

The S&P Merval rose 2.35% over the full trading week to close at 3,196,899.69, its largest weekly advance since mid-June and a rebound from two prior losing weeks. The index finished the period up 4.76% year-to-date and more than 53% higher over the past 12 months. Gains were supported by a further decline in country risk to an eight-year low and strength in financial and energy names.