Argentine Stocks Rise to Nearly 18% on Wall Street

With the leadership of the banks and YPF, Argentine shares traded on Wall Street rose sharply on Tuesday, up to almost 18%, due to investors’ more hopeful expectations in the sovereign debt restructuring negotiations. The most significant advances registered by Grupo Financiero Galicia’s ADRs +17.7%, Banco Macro’s +16.2%, YPF’s +14.3%, Banco BBVA’s +13.2% and Supervielle’s +12.7%.

Source: Ámbito