Merval Index

The MERVAL Index, Mercado de Valores, is the leading index on the Buenos Aires Stock Exchange. MERCAL is a price-weighted average, wherein each member makes up a fraction of the index proportional to the overall price of the index. The index is calculated by the market value of the existing stocks based on market share, quoted price and overall number of transactions. The MERVAL exchange is updated every three months, based on the market share during the previous period.

The Buenos Aires Stock Exchange, or Bolsa de Comercio de Buenos Aires (BCBA), is the entity responsible for the operation of Argentina's stock exchange. The organization was formed in 1854 and is a self-regulated non-profit civil association that represents multiple sectors throughout the country's economy.

Merval Index Articles - by BetterTrades