Economy Politics Local 2026-04-09T01:02:44+00:00

Argentine Market Rises Amid Global Optimism

Argentine stocks and bonds rise amid Middle East truce. MERVAL index grows, but YPF shares fall due to oil price drop. Country risk falls to 563 points.


Argentine Market Rises Amid Global Optimism

Buenos Aires, April 8 (NA) – Argentine stocks and bonds show sustained gains as Wednesday's session approaches, fueled by global optimism over a truce in the Middle East war. The MERVAL index rises 1%, with the particularity that YPF shares fall 4.7% due to the drop in oil, which is at $94. ADRs in New York are also trading higher, with YPF down 3%. Public debt bonds recover and the Country Risk falls to 563 points, according to Noticias Argentinas news agency.