Argentina's benchmark S&P Merval index climbed 1.2% on Friday, while dollar-denominated bonds advanced an average of 0.3% in a session defined by thin liquidity.

The Central Bank of Argentina (BCRA) intervened in the foreign exchange market, purchasing USD 100 million, which helped anchor the official dollar rate at 1,510 pesos at Banco Nación.

The positive price action occurred against a backdrop of suspended trading on US exchanges due to a federal holiday.

Without the directional cues from Wall Street, local markets operated in a vacuum, resulting in moves that lack the conviction typically seen during full global trading days.

The modest gains suggest a pause in selling pressure rather than a decisive shift in sentiment.

This session follows a period of volatility for Argentine assets.