Buenos Aires Stock Exchange closes down 1.86%

Buenos Aires' stock market experienced a downturn on Wednesday, June 3, 2026, with the benchmark S&P Merval index closing at 3,164,196.01 points, marking a decrease of 1.86%. The broader S&P BYMA index followed suit, retreating 1.65% to 134,671,815.56 points.

Among the leading stocks, Aluar saw a gain of 1.5% and Transener rose by 0.4%. Conversely, BBVA Argentina shares dropped 4.4%, and Grupo Supervielle declined by 3.7%. In the bond market, Argentine sovereign bonds denominated in U.S. dollars traded lower, with some experiencing drops of up to 0.7%. Concurrently, Argentina's risk index increased to 492 basis points.

The currency market also saw fluctuations. The U.S. dollar appreciated by 10 pesos against the Argentine peso, reaching 1,460 pesos for public sale at the state-run Banco Nación. The official wholesale rate climbed to 1,438 pesos per unit. In the parallel or 'blue' market, the dollar's value decreased by 5 pesos, settling at 1,430 pesos for sale. Meanwhile, the 'dollar contado con liquidación' (CCL), which involves buying local stocks or bonds with pesos and selling them in dollars on Wall Street, rose 0.9% to 1,514.73 pesos. The 'dólar bolsa' or 'dólar MEP', obtained by purchasing assets traded in both pesos and dollars, advanced 0.7% to 1,461.18 pesos.