Largest listed companies in Argentina by market capitalization
Argentina’s stock market represents one of Latin America’s most dynamic emerging markets, primarily traded on the Bolsa de Comercio de Buenos Aires (BCBA). Despite economic volatility, the Argentine stock market, tracked by the MERVAL index, offers exposure to key domestic sectors and globally competitive companies, particularly in agriculture and energy.
The BCBA serves as the primary exchange for Argentine companies, with unique characteristics for investors:
- Commodity-driven economy: Heavyweight sectors include agriculture (soy, grains), energy (oil/gas), and mining (lithium, copper).
- Leading companies: YPF (energy), MercadoLibre (e-commerce), Grupo Financiero Galicia (banking), and Cresud (agribusiness).
- High-yield potential: Some companies offer attractive dividends during stable periods, though inflation impacts real returns.
The energy sector dominates, with YPF accounting for approximately 15% of the MERVAL index. Argentina’s vast shale reserves in Vaca Muerta position it as a key regional energy player. Investing in Argentine stocks provides exposure to companies leveraging the country’s rich natural resources and growing tech sector.
While dividend traditions are less established than in developed markets, companies like Pampa Energía (utilities) and Ternium Argentina (steel) have maintained distributions during economic recoveries. The market also includes global contenders like MercadoLibre, often called the “Amazon of Latin America,” which maintains a dual listing on NASDAQ.
Regulated brokerThe following table contains a list of the largest Argentine publicly traded companies by market capitalization, primarily traded on the BCBA. Data reflects current market conditions:
| Stock | Price | Change % | Marketcap |
|---|---|---|---|
 Celulosa Argentina CELU.BA | ARS253.00 | 2.69% | 2.59T |
| $26.63 | 3.37% | 4.97B | |
 Ternium Argentina TXAR.BA | ARS621.00 | 7.72% | 2.81T |
 Banco Macro BMA | $40.41 | 4.45% | 2.96B |
| $7.28 | 0.11% | 3.36B | |
| $20.30 | 3.47% | 3.44B | |
| $58.21 | 3.09% | 3.52B | |
 Aluar Aluminio Argentino ALUA.BA | ARS730.00 | 4.89% | 2.04T |
BBVA Argentina BBAR | $8.06 | 3.12% | 1.93B |
Central Puerto CEPU | $7.73 | 3.50% | 1.16B |
| ARS16.65 | 0.00% | 80.15B | |
 Loma Negra LOMA | $7.11 | 3.60% | 921.86M |
 edenor EDN | $15.01 | 3.53% | 785.03M |
| $11.58 | 2.20% | 989.50M | |
| $4.70 | 5.15% | 509.38M | |
| $1.37 | 2.84% | 88.53M | |
 MercadoLibre MELI | $2,176.91 | 6.85% | 116.57B |
