$GGAL

Stanley Druckenmiller's Duquesne Family Office increased its stake in YPF (NYSE: YPF) and Global X MSCI Argentina ETF (NASDAQ: ARGT) in Q1 2026, later trimming holdings. As of June 30, Duquesne held $142.7M in YPF, $30M in ARGT, and a new $3M position in Grupo Financiero Galicia (NASDAQ: GGAL). YPF reported Q2 earnings of $1.21B, up from $58M a year earlier, driven by increased oil output. GGAL saw a 12% profit rise but a higher nonperforming loan ratio. Investments are tied to Argentine Preside

Grupo Financiero Galicia (GGAL) reported a 12% rise in Q2 2026 net income. Management expects 29% inflation, 2.6% GDP growth, and aims for 10% ROE in 2026, 15% in 2027, with long-term ROE targets of 15-20%. They anticipate 10% deposit growth, 16% net interest margin, and 6.3% NPL ratio by year-end. Dollar loans will drive growth, with peso loans seeing minimal real growth.

GRUPO FINANCIERO GALICIA SA (GGAL) furnished an SEC Form 6-K — earnings release. Financial Report Grupo Financiero Galicia S.A. 20262nd. quarter Grupo Galicia Galicia Naranja X Galicia Seguros GlosaryRelevant information ESG Regulatory changesFondos Fima This report is a non-audited summary analysis of Grupo Galicia’s financial condition and results of operat

Argentina’s Merval index fell 1.77% to 2,947,349 on Aug. 17 as country risk rose to about 490 points, according to JP Morgan. The peso ended near 1,488 per dollar. Financials led declines, including Banco Macro (-3.8%) and Grupo Galicia (-3.5%). YPF rose 0.6% after agreeing to repair 559 Chubut wells for $25 million.

Argentina’s S&P Merval closed at 3,000,582, up 0.04%, holding the 3-million level. The peso ended at 1,492 per US dollar, up 0.05%. YPF and partners filed a US$51bn LNG export project tied to Vaca Muerta. Banks rose after the central bank eased dollar-lending rules, which Economy Minister Luis Caputo said could unlock about US$5.8bn in credit.

Argentina’s S&P Merval fell 0.45% to 3,086,784.5 for a sixth straight session, while the country risk premium on Argentine debt rose to 451, its highest since June. The article cites weak domestic data, including industrial output down 2.2% (first half 2026), construction down 4.1% (June), and Buenos Aires inflation at 2.9% (July), outweighing a softer US jobs backdrop.

Argentina’s S&P Merval index fell 0.51% to 3,274,443 as investors took profits. The peso weakened 0.54% to 1,494 per USD, nearing the 1,500 all-time weakest close. YPF dropped 2.53% while Grupo Galicia rose 1.25%. Pampa Energía and Adecoagro declined; Transener gained 1.2%.

Today’s Focus Argentine assets extended their muscular 2026 run on Thursday, with the Merval stock index climbing 2.22% to 3,304,918 points. The peso also firmed to 1,489 per dollar in a session thick with optimism around the Milei government’s reform programme. Banks and energy companies powered the advance.

Argentina’s S&P Merval index fell 1.07% to 3,283,854, ending a rally that had pushed it to record highs earlier in the week. Financial and energy stocks led declines, including Grupo Galicia (-0.7%) and Pampa Energía (-2.0%). The peso was nearly flat at ARS 1,496 per USD. Profit-taking followed Milei reform optimism.

Key Facts The Merval, Argentina’s main stock index, fell by 1.07% to close at 3,283,854 on Thursday, retreating from elevated levels as traders locked in recent gains. The peso weakened by 0.47% to trade at 1,496 per US dollar, touching its weakest level in 52 weeks, according to end-of-day data. Grupo Galicia and Banco Macro led the financial sector lower, with volume leader Galicia declining 0.7% on the session as the ‘Milei reform trade’ momentum paused.