ARGT is trading at $98.72 pre-market, up 6.9%, amid improved external-financing expectations tied to Argentina’s IMF review, despite broadly flat U.S. index futures, which were slightly softer.
- The IMF’s third review of the $20 billion program began in Buenos Aires on September 21 and could unlock approximately $869 million if targets are met.
- The rally appears Argentina-specific rather than sector-wide.
- Recent Argentine assets faced country-risk pressure and weak second-quarter GDP; no definitive overnight ARGT-specific announcement was identified.