ReutersReuters

Argentina ADRs rally after President Javier Milei's party wins midterm elections

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** U.S.-listed shares of Argentine companies gain in premarket trading after President Javier Milei's party won midterm elections

** Milei's party secures strong mandate, bolstering support to keep pushing through his radical overhaul of the economy

** Financials including Grupo Supervielle ASUP, Banco Macro ABMT, Banco BBVA Argentina BBARB and Grupo Financiero Galicia AGGA rise between 24.7% and 41%

** State-run oil company YPF YPDCB advance 22.5%, gas transportation firm TGS TGSDB up 7.5% and energy company Pampa Energia APAM climbs 20%

** Global X MSCI Argentina ETF ARGT adds 17.3%, after falling 10.2% year-to-date through Friday

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