Argentina stock market report: Buenos Aires did not trade on Monday May 25, with BYMA closed for Día de la Revolución de Mayo, a national holiday. The S&P Merval’s standing close is 2,846,220.22 from Friday, when it eased 1.08% but still finished the best week in Latin America, up 5.1% in pesos. While the region traded Monday on the Iran oil relief, Argentina sat out and reopens Tuesday.
The Big Three
Argentina was closed Monday. BYMA observed Día de la Revolución de Mayo, the patriotic date fixed by law to May 25, so there was no session. The chart still shows Friday’s close of 2,846,220.22, and Buenos Aires reopens Tuesday.
The standing picture is the strongest in the region. The Merval eased 1.08% on Friday but closed the best week in Latin America, up 5.1% in pesos, with YPF’s New York listing up 8.2% to a 15-year high on the Vaca Muerta ramp. Banks led the advance, though all still carry year-to-date losses.
The macro backdrop kept improving into the break. Country risk fell 24 basis points on the week to 514, the closest to the symbolic 500 mark since the 2018 cycle; reserves ended near the Milei-era record at $46.803 billion; and the IMF approved its Second Review on Thursday. A favorable MSCI reclassification is the next inflow catalyst.
02 Session Data
| Metric | Value | Change | Context |
|---|---|---|---|
| Status Monday | Closed | — | Día de la Revolución de Mayo |
| Standing close (Fri) | 2,846,220.22 | −1.08% | Friday’s last print |
| Weekly performance | +5.1% | In pesos | Best in Latin America |
| YPF (New York) | $47.99 | +8.2% wk | 15-year high |
| RSI (fast/slow) | 51.95 / 45.97 | Fast > slow | Above the midline, turning up |
| MACD (hist/line/signal) | +7,403 / −12,577 / −19,980 | Line > signal | Bullish cross forming below zero |
| 200-DMA | 2,832,806 | Held | Close sits just above the line |
Live Market IntelligenceArgentina — Live Market Board
Rio Times · Live Market Intelligence
Argentina — Live Market Board
—
171,336.99
-0.52%
71,905.78
+0.05%
10,597.06
+0.07%
2,848,945
—
2,528.01
-1.88%
| Instrument | Last | Change | YoY | Prev. | High | Low | Volume |
|---|---|---|---|---|---|---|---|
| MERVAL | 2,848,945 | — | -10.97% | 2,859,051 | — | — | — |
| USD/ARS | 1,545 | -0.03% | +8.82% | 1,546 | 1,545 | 1,545 | — |
| YPF | 6,505 | +0.46% | +15.44% | 6,475 | 6,675 | 6,360 | 708,971 |
| GGAL | 4,950 | -0.95% | -40.39% | 4,998 | 5,140 | 4,933 | 548,462 |
| PAMPA | 4,290 | +0.29% | -17.29% | 4,278 | 4,390 | 4,235 | 351,604 |
| TXAR | 693.00 | -1.28% | -19.41% | 702.00 | 709.50 | 673.50 | 619,637 |
| ALUAR | 774.50 | +0.58% | -29.51% | 770.00 | 784.50 | 771.00 | 192,215 |
| TGS | 7,240 | -0.55% | -17.93% | 7,280 | 7,450 | 7,120 | 44,794 |
| CEPU | 1,678 | +1.76% | -25.09% | 1,649 | 1,678 | 1,600 | 129,716 |
| MIRGOR | 1,740 | +0.00% | -92.00% | 1,740 | 1,780 | 1,695 | 3,523 |
| COME | 31.18 | +2.20% | -49.58% | 30.51 | 31.40 | 30.76 | 3,810,293 |
| LOMA NEGRA | 2,978 | +1.79% | -12.78% | 2,925 | 3,003 | 2,853 | 34,896 |
| BYMA | 198.00 | +0.00% | -32.82% | 198.00 | 201.25 | 193.50 | 2,776,937 |
| TELECOM ARG | 3,340 | -1.18% | -8.15% | 3,380 | 3,490 | 3,293 | 11,295 |
| GLOBANT | 48.84 | +3.02% | -22.36% | 47.41 | 48.86 | 46.75 | 706,761 |
| MERCADOLIBRE | 1,490 | -2.77% | -29.02% | 1,533 | 1,523 | 1,470 | 584,446 |
03 Why It Paused
Local Driver: a national holiday freezes the strongest tape in the region
There was no Argentine session on Monday: May 25 is Día de la Revolución de Mayo, fixed by law to the 25th, so BYMA was shut. Friday’s 1.08% ease was profit-taking after a powerful run, not a reversal, and the 5.1% weekly gain left the region’s best-performing tape at the top of the Latin American table heading into the break.
External Trigger: the region rallied on oil while Buenos Aires was shut
The timing was unusual. Over the weekend Trump posted that an Iran framework was “largely negotiated” and Brent fell below $100; the markets hit hardest by the earlier scare rebounded while Mexico held flat. Argentina, closed for the holiday, missed it and reopens Tuesday to price two days of news at once.
Key Facts
— Argentina enters its reopen as the region’s momentum leader. The standing chart is the only constructive technical posture in Latin America: the close holds above the 200-day line, the MACD has crossed up beneath zero, and the RSI is above its midline — a market that paused while extended, not one that broke. The reform story kept compounding, with country risk near 500 and the IMF review cleared.
— The risk is that the same lower oil lifting Brazil and Colombia cuts the other way for Argentina, whose Vaca Muerta thesis leans on firm crude; a sustained Brent slide would test the energy names that powered the rally. For now the structural case dominates, with a favorable MSCI reclassification a further potential inflow.
05 Technical Snapshot
With no Monday print, the read is Friday’s standing candle. The Merval at 2,846,220 sits just above the 200-day line near 2,832,806, holding the long-term trend. Resistance runs toward 2,907,787 and the January highs. Momentum is the cleanest in the region: the MACD line at −12,577 has crossed above signal −19,980 with the histogram green at +7,403, a bullish cross still below zero, while RSI fast 51.95 over slow 45.97 holds above the midline — a rest, not a top.
06 Forward Look
07 Questions & Answers
Key Facts
— Argentina spent Monday on the sidelines, closed for a national holiday while the region traded the Iran oil relief — a quirk of the calendar, not a verdict. The standing picture is the strongest in Latin America: the best week in the region, country risk near 500, and the only bullish momentum posture on the board. The reopen Tuesday compresses two days of news into one session. The structural case is intact; the one risk is that lower oil is a double-edged sword for an energy-led tape.
— Related: Fri May 22 best-week recap · Merval at the 3M line · YPF court-win rally.
— A holiday does not pause the story; it just delays the next chapter by a day.
Disclaimer: This report is editorial market analysis based on publicly available data. It is not investment advice. Markets carry risk; consult a licensed professional before trading.
This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error
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