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Argentina's MERVAL stock index rose 2.97% to 2,999,718.8 on August 25, adding to a 3.58% weekly gain. The index is quoted in Argentine pesos, which have lost significant value over time, meaning nominal price levels are far higher than they would appear in dollar terms. The MERVAL's performance in peso terms is closely followed as a gauge of local investor sentiment amid Argentina's ongoing economic reform program.
Aug 25, 13:51 UTCAlternativeMarkets.AI Newsroom · Dados: Financial Modeling Prep
Argentina's MERVAL index climbed 1.62% to 2,922,475.4 on August 21, though it remained down 2.42% for the week. The nominal level of the index reflects the significant peso depreciation that has occurred over time, which inflates returns in local currency terms. The MERVAL tracks leading companies on the Buenos Aires Stock Exchange and is heavily influenced by Argentina's ongoing inflation, exchange rate controls, and economic policy developments.
Aug 21, 17:51 UTCAlternativeMarkets.AI Newsroom · Dados: Financial Modeling Prep
Argentina's MERVAL index declined 2.63% to 3,039,809.61 on August 11, bringing its weekly loss to 2.1%. The session drop extended a period of volatility for Argentine equities amid ongoing macroeconomic uncertainty in the country. Because the MERVAL is denominated in Argentine pesos, its nominal level is significantly inflated by the country's high inflation rate.
Aug 11, 17:51 UTCAlternativeMarkets.AI Newsroom · Dados: Financial Modeling Prep