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NYSE:GGAL 10 October 2025 - 7 March 2026

Bolsa de Comercio de Buenos Aires Last Week: Merval Rebounds, but Oil Shock and Inflation Loom

Bolsa de Comercio de Buenos Aires Last Week: Merval Rebounds, but Oil Shock and Inflation Loom

Buenos Aires shares bounced back Friday, sending the S&P Merval 2.15% higher to end at 2,626,114.83 points. Still, comparing the Feb. 27 and March 6 closes, the index wrapped up the week roughly 0.6% lower than its opening level. This is coming to a head fast—traders don’t have room to relax. Argentina’s February CPI lands March 12. The central bank’s REM survey, out March 5, pushed the consensus for February inflation up to 2.7%, compared with the previous reading. Core inflation? Now at 2.5%. The oil shock just stirs the pot further, clouding the inflation picture.
7 March 2026
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Grupo Galicia Stock Skyrockets as Milei’s Victory Fuels Argentina’s Bank Rally – What’s Next for GGAL?

Grupo Galicia Stock Skyrockets as Milei’s Victory Fuels Argentina’s Bank Rally – What’s Next for GGAL?

Argentine President Javier Milei celebrates with supporters after a decisive midterm election victory, which has boosted market confidence. Argentina’s political drama took a bullish turn this weekend as President Javier Milei’s ruling coalition scored a decisive win in midterm legislative elections. Voters handed Milei a strong mandate to continue his radical free-market reforms, despite the pain of deep spending cuts and 100%+ interest rates. According to official results, Milei’s libertarian La Libertad Avanza party won ~41.5% of the vote in the key Buenos Aires province reuters.com – a shock upset in a longtime Peronist stronghold that observers say “ranks at the most optimistic end of pre-election expectations” reuters.com. The victory secures Milei’s allies enough seats to block any override of his presidential vetoes reuters.com, essentially giving him free rein to press on with aggressive pro-market policies.
27 October 2025
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Argentina’s Bank Giant Skyrockets: Why Grupo Financiero Galicia (GGAL) Is Soaring in 2025

Argentina’s Bank Giant Skyrockets: Why Grupo Financiero Galicia (GGAL) Is Soaring in 2025

It’s been a wild 12-month ride for Grupo Financiero Galicia’s stock. In late 2024, GGAL surged to a 52-week high of $74 amid investor euphoria over Argentina’s new pro-market government finviz.com. In November 2023, libertarian outsider Javier Milei won Argentina’s presidency, sparking hopes of economic reform europarl.europa.eu. International analysts upgraded GGAL aggressively – for example, Morgan Stanley boosted its target to $92 and JPMorgan to $54 as 2024 ended finviz.com. This optimism propelled the ADR sharply higher into early 2025. However, the bullish momentum didn’t last. Through the first half of 2025, GGAL tumbled over 40% from its peak finviz.com. The reality of Argentina’s economic challenges set in: even under Milei’s administration, the country grappled with severe inflation, fiscal deficits, and currency instability. By mid-2025, GGAL’s stock had erased much of its gains – falling to the mid-$20s finviz.com. Weighing on shares were disappointing earnings and investor jitters over Argentina’s financial system. Indeed, GGAL’s Q2 2025 net income plunged ~70% year-on-year, indicating the tough environment, even though certain accounting quirks led to an outsized EPS figure in local terms uk.investing.com.
10 October 2025
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Trump’s $20B Argentina Lifeline Shocks Markets – Will It Save Milei?

Trump’s $20B Argentina Lifeline Shocks Markets – Will It Save Milei?

President Trump’s Treasury used its seldom-invoked crisis tools to prop up Argentina. The centerpiece is a $20 billion currency swap line between the US and Argentina’s central banks reuters.com – effectively a short-term dollar loan facility. In parallel, Treasury officials have directly bought pesos in open markets to blunt the currency’s slide. Bessent announced these steps on Oct. 9 after several days of intensive talks in Washington with Economy Minister Luis Caputo reuters.com aljazeera.com. On Truth Social, Bessent hailed Argentina’s “strong economic fundamentals” and Milei’s tough austerity measures. He vowed the US is “prepared, immediately, to take whatever exceptional measures are warranted” to stabilize the peso and bond markets washingtonpost.com aljazeera.com. Treasury left the swap’s details confidential, but Bessent was explicit that no direct cash grant is going to Argentina’s treasury. In media appearances he insisted it is not a bailout of Buenos Aires – “we haven’t sent any money to Argentina,” he said, and insisted the ESF would not lose money on this deal reuters.com. Nonetheless, such currency-market interventions are exceedingly rare: only four times since 1996 has the US bought another country’s currency in global markets washingtonpost.com. The IMF also publicly backed the move. Managing Director Kristalina Georgieva
10 October 2025
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Stock Market Today

  • Crude Oil Prices Drop Sharply as Persian Gulf Supply Recovers and OPEC Tensions Rise
    June 29, 2026, 1:01 PM EDT. Crude oil prices fell sharply on Friday, with August WTI crude down 3.74% to a four-month low amid accelerated tanker traffic through the Strait of Hormuz boosting global supply. Persian Gulf crude exports climbed to at least 75% of pre-war levels, adding pressure on prices. Saudi Arabia's move to resume exports from Ras Tanura and Iraq's threat to quit OPEC over output quotas also weighed on the market. The International Energy Agency cut demand forecasts, while Goldman Sachs lowered Brent crude price outlook for Q4 to $80 a barrel. U.S. crude production estimates were raised by the Department of Energy. Offsetting some downside, Ukrainian drone attacks have disrupted Russian oil infrastructure, limiting Russian crude-processing rates to a 20-year low.
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