Why Every Stock in Argentina Soared Monday
Shares of Argentine stocks shot off like fireworks -- in unison -- Monday, as results rolled out in primary voting for the country's upcoming midterm congressional elections.
As of 9:55 a.m. EDT, shares of electric utility Central Puerto (NYSE: CEPU) are up 15.2% and oil company YPF (NYSE: YPF) is up 9.7%. Argentine regional banks are big winners as well:
Image source: Getty Images.
Source Fool.com
