HSBC's subsidiary, HSBC Latin America B.V., sells Argentina business to Grupo Financiero Galicia for $550 million, focusing on higher value opportunities.
Last week, U.S.-listed Argentine stocks rose on news of the election of far-right libertarian candidate, Javier Milei, who campaigned on economic policies which represent a large shift from the current left-lean
U.S. stocks traded mostly lower, with the Dow Jones falling around 50 points on Monday.
Shares of Ituran Location and Control Ltd. (NASDAQ: ITRN) gained during Monday’s session after the company reported third-quarter financial results.
Shares of ReNew Energy Global Plc (NASDAQ: RNW) gained during Monday’s session following strong quarterly sales.
ReNew Energy Global posted quarterly sales of $345.00 million, topping market estimates of $258.41 million.