The MERVAL is the main stock market index of the Buenos Aires Stock Exchange (BYMA), tracking the performance of the most liquid stocks listed in Argentina.
Description: The MERVAL (Mercado de Valores) is the benchmark stock index of Argentina, operated by Bolsas y Mercados Argentinos (BYMA). It was introduced in 1986 and includes the leading companies by market capitalization and trading volume across various sectors such as energy, financials, materials, and utilities. The index serves as a barometer for the Argentine economy and is widely followed by investors seeking exposure to Argentine equities. It is calculated in Argentine pesos and reflects the performance of the most actively traded stocks on the BYMA. The index has undergone several methodological changes over time to improve representativeness and liquidity.
Established / Launched: 1986
Founder / Issuer: Bolsas y Mercados Argentinos (BYMA)
