Internationally registered Argentine assets rallied strongly in the first trading session on the New York Stock Exchange on Monday following Javier Milei’s victory in Argentina’s presidential election run-off.
While Argentine markets were closed for a national holiday, international stocks of Argentine banks soared by double-digits, and energy companies also saw strong jumps in trading.
ADRs in Banco Galicia rose by 21.8% in the first two hours of trading, Grupo Supervielle rose 19%, Banco Macro rose by 18.3%
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