Argentina, Javier Milei and midterm election
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Shares of Argentine stocks across various industries are rising Monday following results from a key midterm election in the Latin American country.
The rallies unleashed by Argentina President Javier Milei’s surprising electoral win were stunning, with bond prices posting record gains and the stock market skyrocketing over 20% as investors stampeded back in.
Argentine stocks surged Wednesday on a new US promise of aid for embattled President Javier Milei, despite Donald Trump conditioning the assistance on his ally winning upcoming midterm elections.
Argentine stocks rose sharply Monday following a stronger than expected result from President Javier Milei’s La Libertad Avanza party in legislative elections Sunday. The Global X MSCI Argentina ETF rose 17% in before-hours trading.
Billionaire investor Stanley Druckenmiller’s investment firm cut some of its holdings in an exchange-traded fund tracking Argentina stocks, after a rally that took it to an all-time high at the start of this year. The Duquesne Family Office, which ...