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Argentina's MERVAL Index Surges Amid Bullish Market Sentiment

Argentina's MERVAL Index Surges Amid Bullish Market Sentiment

The principal stock index in Argentina, MERVAL, has experienced a remarkable increase of 804.854 points, reflecting an impressive 86.57% rise since the start of 2024. This surge is based on trading data from a contract for difference (CFD) that accurately tracks this key benchmark.

Looking ahead, analysts project that the Argentina Stock Market (MERVAL) will reach a target of 1,663,976.43 points by the end of this quarter. Furthermore, models suggest that it could stabilize around 1,513,002.52 points within a twelve-month timeframe.