Argentina last week held a historic election in which libertarian candidate Javier Milei came out victorious, sending the country's stock market surging.
The Merval , Argentina's stock market benchmark, rallied 42% for the week.
The trade Trading in Argentine stocks has historically been a volatile endeavor.
That said, there are ways for investors in the U.S. to get exposure to the Argentine market if they think stocks can rise during Milei's presidency.
Other U.S.-listed Argentine stocks include oil name YPF — which surged nearly 57% last week — and Banco BBVA Argentina , which is up 34% in 2023.
Persons:
Javier Milei, Milei, Diego Pereira, –, Jorge Morgenstern, GlobalX
Organizations:
JPMorgan, Senate, HSBC, Argentine, Banco BBVA Argentina
Locations:
Argentina, Argentine, U.S, . U.S