Grupo Financiero Galicia is trading 4.3% down at ARS 7,850 today as ongoing macroeconomic uncertainty and sector-wide pressure weigh on domestic Argentinian banks.
- The stock is pulling back from a recent local high of ARS 8,335 reached during a period of strength earlier this week.
- The downward move comes despite the company maintaining a large cash dividend program and receiving supportive ratings from analysts.