Shares of Argentine companies rose in the New York market after the president of Argentina, (La Libertad Avanza), withdrew from the legislative elections held on Sunday (26.Oct.2025) and doubled his base in Congress.
In the period known as after hours –name given to negotiations carried out after regular opening hours on the North American Stock Exchange– shares of the Supervielle Group rose by around 15.16%, those of Banco Galicia rose by 12.9% and those of the state oil company YPF rose by approximately 12%.
The appreciation reflects the immediate reaction of the international financial market to the results of the polls. By doubling his base in Congress, Milei expanded the possibility of approving his economic agenda, which today faces an e .
The so-called cryptodollar – the dollar exchange rate traded via cryptocurrencies or outside official channels – fell by around 137 pesos after the election results were announced.
The fluctuations were registered in the negotiations on Sunday (Oct 26) at night, at a time of expectation about the next steps of Argentine economic policy.
The positive result for Milei came after that of the President of the United States, (Republican Party). Aid played a strategic role in the campaign, allowing the mobilization of resources, advertising and support for candidates aligned with Casa Rosada.
The victory gives Milei a victory in Congress, paving the way for privatizations, labor reforms and tax cuts planned since the beginning of his term. However, even with strengthening, political polarization and provincial resistance may require careful negotiations.
Milei’s victory also represents a political message about support for Argentina and reinforces the role of international allies in regional campaigns. The president enters the second half of his term with greater control in the Legislature, but with the challenge of balancing radical reforms and institutional stability.
I said that victory is the beginning of building a great Argentina.
