MERVAL

The S&P MERVAL Index (MERcado de VALores, lit. 'Stock Market') is the most important index of the Buenos Aires Stock Exchange. It is a price-weighted index, calculated as the market value of a portfolio of stocks selected based on their market share, number of transactions and quotation price. The base of MERVAL is set at 30 June 1986 = 0.01 Argentine pesos.

This article is about the stock market index. For the Metro Regional de Valparaíso, also MERVAL, see Valparaíso Metro.
S&P MERVAL
OperatorBolsas y Mercados Argentinos (BYMA)
Trading symbolMERVAL
Websitehttps://www.byma.com.ar/indice-merval/
ISINARMERV160025
BloombergMERVAL:IND

It is part of a joint-venture between S&P Dow Jones Indices and BYMA.[1]

The corporations and weighted prices that compose MERVAL are updated every three months, based on their market share during the previous period.

As of May 2017 the companies in it are Aluar (aluminium smelter), BBVA Banco Francés, Banco Macro, Sociedad Comercial del Plata (holding), Edenor (electricity), Grupo Financiero Galicia (financial), Pampa Energía, Ternium(steel), Telecom Argentina(telco), Tenaris (steel pipes), YPF (oil and gas). [2][3]

Historical values
Index values since its creation to 2015

The following is a table showing the annual maximum, minimum and average values of MERVAL between 1996 and 2019. During that period, the index hit its minimum value in 2001, some time before the explosion of the economic crisis, but recovered in an accelerated fashion after that.[4]

YearMaximumMinimumFinal
1996650.23491.71649.37
1997866.47576.32687.50
1998715.93301.73430.06
1999604.10340.61550.47
2000645.29396.55416.77
2001539.20200.86295.39
2002525.09267.73524.95
20031077.98520.551071.95
20041389.53839.931375.37
20051731.331276.481543.31
2006 2090.46
2007 2151.73
2008 1079.66
2009 2320.73
2010 3523.59
2011 2462.63
2012 2854.29
2013 5391.03
2014 8579.02
2015 11675.18
2016 16917.86
2017 30065.61
2018 30292.55
2019 41671.41

References
  1. "S&P MERVAL (ARS) TR - S&P Dow Jones Indices". espanol.spindices.com. Retrieved 2020-08-30.
  2. Yahoo list
  3. "MERVAL" (in Spanish).
  4. "MERVAL Index (Argentina) Yearly Stock Returns". www.1stock1.com. Retrieved 2020-01-19.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.