IBOV 168,498.45 ▲ 1.39% IPC MEX 70,968.43 ▼ 0.17% MERVAL 2,848,945 — — USD/BRL5.50▼ 0.17% USD/MXN18.60▼ 0.84% USD/CLP975.74▼ 0.29% USD/COP3,240▲ 0.38% USD/PEN3.44▼ 0.15% USD/ARS 1,545 — 0.00% USD/UYU40.31▲ 3.48% USD/PYG6,358▲ 8.23% USD/BOB11.81▲ 0.40% USD/DOP60.56▲ 0.43% USD/CRC448.27▲ 1.89% USD/GTQ7.64▲ 3.24% USD/HNL26.88▲ 3.25% USD/NIO36.62▲ 2.69% USD/VES893.88▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.99▲ 2.90% USD/TTD6.72▲ 2.39% EUR/BRL6.13▲ 0.07% BRENT 98.32 ▲ 0.03% WTI 90.83 ▲ 0.34% IRON ORE 161.91 — — COPPER 6.24 ▼ 0.18% GOLD 4,075 ▼ 0.94% SILVER 51.94 ▼ 0.56% SOY 1,194 ▲ 1.08% CORN 441.50 ▲ 0.34% WHEAT 591.25 ▼ 1.34% COFFEE 280.15 ▲ 1.08% SUGAR 18.25 ▼ 1.67% ORANGE JUICE 138.95 ▲ 8.17% COTTON 78.54 ▼ 0.22% COCOA 5,239 ▲ 1.12% BEEF 214.05 ▼ 0.16% CATTLE 318.38 ▼ 2.05% LITHIUM 60.91 ▲ 1.21% PETR4 45.36 ▼ 1.28% VALE3 64.04 ▲ 2.19% ITUB4 40.53 ▲ 1.40% BBDC4 14.20 ▲ 3.12% ABEV3 15.48 — 0.00% BBAS3 17.13 ▲ 3.88% B3SA3 14.39 ▲ 0.21% WEGE3 48.19 ▼ 0.23% PRIO3 60.48 ▼ 1.72% SUZB3 53.40 ▲ 2.12% RENT3 30.29 ▲ 4.20% AZZA3 14.76 ▲ 4.98% CSAN3 2.77 ▲ 10.80% RAIZ4 27.30 ▼ 0.98% PCAR3 2.40 ▲ 0.42% GMAT3 3.80 ▲ 2.43% PSSA3 44.35 ▲ 1.46% CVCB3 0.84 ▲ 2.44% POSI3 3.09 ▼ 0.64% SLCE3 16.61 ▲ 1.59% NATU3 5.17 ▼ 3.36% BRKM5 3.20 ▲ 5.61% RANI3 8.53 ▲ 0.83% CSNA3 4.41 ▲ 8.89% IBOV 168,498.45 ▲ 1.39% IPC MEX 70,968.43 ▼ 0.17% MERVAL 2,848,945 — — USD/BRL 5.50 ▼ 0.17% USD/MXN 18.60 ▼ 0.84% USD/CLP 975.74 ▼ 0.29% USD/COP 3,240 ▲ 0.38% USD/PEN 3.44 ▼ 0.15% USD/ARS 1,545 — 0.00% USD/UYU 40.31 ▲ 3.48% USD/PYG 6,358 ▲ 8.23% USD/BOB 11.81 ▲ 0.40% USD/DOP 60.56 ▲ 0.43% USD/CRC 448.27 ▲ 1.89% USD/GTQ 7.64 ▲ 3.24% USD/HNL 26.88 ▲ 3.25% USD/NIO 36.62 ▲ 2.69% USD/VES 893.88 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.99 ▲ 2.90% USD/TTD 6.72 ▲ 2.39% EUR/BRL 6.13 ▲ 0.07% BRENT 98.32 ▲ 0.03% WTI 90.83 ▲ 0.34% IRON ORE 161.91 — — COPPER 6.24 ▼ 0.18% GOLD 4,075 ▼ 0.94% SILVER 51.94 ▼ 0.56% SOY 1,194 ▲ 1.08% CORN 441.50 ▲ 0.34% WHEAT 591.25 ▼ 1.34% COFFEE 280.15 ▲ 1.08% SUGAR 18.25 ▼ 1.67% ORANGE JUICE 138.95 ▲ 8.17% COTTON 78.54 ▼ 0.22% COCOA 5,239 ▲ 1.12% BEEF 214.05 ▼ 0.16% CATTLE 318.38 ▼ 2.05% LITHIUM 60.91 ▲ 1.21% PETR4 45.36 ▼ 1.28% VALE3 64.04 ▲ 2.19% ITUB4 40.53 ▲ 1.40% BBDC4 14.20 ▲ 3.12% ABEV3 15.48 — 0.00% BBAS3 17.13 ▲ 3.88% B3SA3 14.39 ▲ 0.21% WEGE3 48.19 ▼ 0.23% PRIO3 60.48 ▼ 1.72% SUZB3 53.40 ▲ 2.12% RENT3 30.29 ▲ 4.20% AZZA3 14.76 ▲ 4.98% CSAN3 2.77 ▲ 10.80% RAIZ4 27.30 ▼ 0.98% PCAR3 2.40 ▲ 0.42% GMAT3 3.80 ▲ 2.43% PSSA3 44.35 ▲ 1.46% CVCB3 0.84 ▲ 2.44% POSI3 3.09 ▼ 0.64% SLCE3 16.61 ▲ 1.59% NATU3 5.17 ▼ 3.36% BRKM5 3.20 ▲ 5.61% RANI3 8.53 ▲ 0.83% CSNA3 4.41 ▲ 8.89%
since 2009
Saturday, November 7, 2026

Argentina Guest Opinions

Milei at Davos: A Magnet for Global Business Commentary

By · January 18, 2024 · 2 min read

President Javier Milei of Argentina made a remarkable impact at the 2024 World Economic Forum in Davos.

His speech drew varied responses from influential global business figures, shared across social media and traditional media.

Tesla CEO Elon Musk praised Milei’s insights on national prosperity, referencing a speech video that amassed over 8.7 million views.

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Musk also shared an AI-dubbed version in English, amplifying Milei’s message.

Venture capitalist Marc Andreessen, co-founder of Andreessen Horowitz, applauded Milei’s speech as emblematic of “Argentinian dynamism and techno-optimism.”

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(Elon Musk’s AI-translated video of Milei’s speech)

This sentiment reflects a growing recognition of Argentina’s potential in the global tech scene.

Harvard professor Niall Ferguson lauded Milei’s defense of individual liberty and the free-market economy, signaling academic support for Milei’s economic stance.

Daniel Pinto, President and COO of JPMorgan, also expressed optimism about Argentina’s economic prospects, hinting at a possible turnaround after decades of challenges.

In the venture capital world, Tim Draper highlighted Milei’s clear argument for capitalism over government-controlled collectivism.

Such endorsements from global financial leaders underscore the broader interest in Argentina’s economic policies under Milei’s leadership.

Aaron Slodov of Atomic Industries and cryptocurrency leaders Brian Armstrong and Greg Osuri from the tech sector mirrored the themes of opportunity and change in their responses.

Milei at Davos: A Magnet for Global Business Commentary.
Milei at Davos: A Magnet for Global Business Commentary.

They underscored the potential of emerging technologies and economic models in shaping global markets.

These diverse reactions to Milei’s speech at Davos 2024 illustrate the wide range of perspectives within the business and technology communities.

They highlight the ongoing dialogue about economic freedom, market dynamics, and the role of leadership in shaping global economic trends.

Live Market IntelligenceArgentina — Live Market BoardInside: market breadth, the sector heatmap, currencies & rates, the Latin America scoreboard and the full instrument board.

Rio Times · Live Market Intelligence

Argentina — Live Market Board

BYMA · Buenos Aires
Nov 7, 2026 · 05:28

S&P MERVAL · benchmark
2,848,945
—
-4.19% over 12 months

Market breadth · 12 names
50% advancing

6 ▲ advancing6 declining ▼

Currencies, rates & key inputs
USD / ARS
1,545
+0.00%

Brent crude
98.32
+0.03%

Soybeans
1,194
+1.08%

Sector heatmap · average move today
Materials
+1.19%
ALUAR, LOMA NEGRA

Utilities
+1.03%
PAMPA, CEPU

Financials
+0.42%
GGAL, COME, BYMA

Energy
-0.05%
YPF, TGS

Consumer Disc.
-0.67%
MIRGOR, MERCADOLIBRE

Telecom
-1.18%
TELECOM ARG

Mining
-1.28%
TXAR

Technology
-3.72%
GLOBANT

Latin America scoreboard
IndexLastTodayStrength
IbovespaBrazil
168,498.45
+1.39%

S&P/BMV IPCMexico
70,968.43
-0.17%

S&P IPSAChile
10,536.40
+0.68%

S&P MERVALArgentina
2,848,945
—

MSCI COLCAPColombia
2,485.26
+0.03%

Full instrument board
Instrument Last Change YoY Prev. High Low Volume
MERVAL 2,848,945 — -4.19% 2,859,051 — — —
USD/ARS 1,545 +0.00% +6.50% 1,545 1,545 1,545 —
YPF 6,505 +0.46% +18.17% 6,475 6,675 6,360 708,971
GGAL 4,950 -0.95% -43.34% 4,998 5,140 4,933 548,462
PAMPA 4,290 +0.29% -17.36% 4,278 4,390 4,235 351,604
TXAR 693.00 -1.28% -10.73% 702.00 709.50 673.50 619,637
ALUAR 774.50 +0.58% -19.88% 770.00 784.50 771.00 192,215
TGS 7,240 -0.55% -17.15% 7,280 7,450 7,120 44,794
CEPU 1,678 +1.76% -24.99% 1,649 1,678 1,600 129,716
MIRGOR 1,740 +0.00% -91.98% 1,740 1,780 1,695 3,523
COME 31.18 +2.20% -48.16% 30.51 31.40 30.76 3,810,293
LOMA NEGRA 2,978 +1.79% -10.89% 2,925 3,003 2,853 34,896
BYMA 198.00 +0.00% -36.51% 198.00 201.25 193.50 2,776,937
TELECOM ARG 3,340 -1.18% -8.40% 3,380 3,490 3,293 11,295
GLOBANT 47.41 -3.72% -21.89% 49.24 47.85 46.35 1,112,779
MERCADOLIBRE 1,510 -1.33% -28.39% 1,530 1,558 1,502 881,110

Largest moves today
GLOBANT
47.41
-3.72%
COME
31.18
+2.20%
LOMA NEGRA
2,978
+1.79%
CEPU
1,678
+1.76%
MERCADOLIBRE
1,510
-1.33%
TXAR
693.00
-1.28%
TELECOM ARG
3,340
-1.18%
GGAL
4,950
-0.95%

The session read
The S&P MERVAL was little changed on the session, with breadth evenly split — 6 of 12 names higher. Materials led, while Technology lagged.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

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