 Grupo Financiero Galicia(US:GGAL) Yahoo Financeยท2025-09-23 18:13
Grupo Financiero Galicia(US:GGAL) Yahoo Financeยท2025-09-23 18:13Core Insights - Grupo Financiero Galicia SA (NASDAQ:GGAL) experienced a significant increase of 21.1% on Monday, closing at $32.03, following the announcement of US government support for Argentina amid economic turmoil [1][2][3] Group 1: Market Reaction - The rally in GGAL was part of a broader positive movement among US-listed Argentine stocks and the overall Argentine market, driven by the US Treasury's commitment to a "large and forceful" intervention to stabilize Argentina's economy [2][3] - The US Treasury's intervention includes purchasing Argentina's currency or sovereign debt through a fund it controls, signaling support for Argentina's adherence to sound economic policies [3] Group 2: Political Developments - A meeting is scheduled between US President Donald Trump and Argentina's leader, Javier Milei, to discuss additional measures to support Argentina [4]
