The stock market closed in May with share gains of up to 40%

The Buenos Aires Stock Exchange closed its best month in almost a year, rising almost 21% during May, driven by shares of the financial sector, YPF and Telecom, which jumped up to 33%. Among the biggest gains of the month (in pesos) were those of BBVA bank (+41%); Telecom (+27.7%); Banco Macro (+27.6%); YPF (+26.3%); Grupo Financiero Galicia (+25.2%); and Comercial del Plata (+24.6%).