IBOV 173,325.65 ▼ 0.03% IPSA 10,954.04 ▲ 0.52% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,281,979 — 0.00% COLCAP 2,301.34 ▲ 0.13% BVL PERÚ 56,620.35 — — USD/BRL5.08▲ 0.09% USD/MXN17.42▲ 0.02% USD/CLP937.37▲ 0.18% USD/COP3,216▼ 1.23% USD/PEN3.40▲ 0.07% USD/ARS1,475▼ 0.19% USD/UYU40.11▲ 1.23% USD/PYG6,045▲ 1.76% USD/BOB10.80▲ 2.69% USD/DOP58.00▼ 0.34% USD/CRC446.12▲ 1.15% USD/GTQ7.62▲ 2.33% USD/HNL26.74▲ 1.61% USD/NIO36.62▲ 0.72% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 0.55% USD/TTD6.73▲ 1.11% EUR/BRL5.79▼ 0.48% BRENT 94.02 ▲ 3.31% WTI 86.81 ▲ 2.24% IRON ORE 161.91 — — COPPER 6.51 ▼ 0.05% GOLD 4,122 ▲ 1.26% SILVER 59.54 ▲ 1.19% SOY 1,232 ▲ 0.98% CORN 482.25 ▲ 6.52% WHEAT 698.00 ▲ 2.95% COFFEE 321.35 ▼ 3.19% SUGAR 14.74 ▼ 0.94% ORANGE JUICE 141.45 ▼ 1.63% COTTON 80.43 ▲ 1.86% COCOA 5,441 ▼ 2.96% BEEF 223.05 ▼ 1.53% CATTLE 344.88 ▼ 2.02% LITHIUM 69.08 ▲ 3.23% PETR4 41.66 ▲ 1.24% VALE3 72.37 ▲ 0.61% ITUB4 42.53 ▲ 0.54% BBDC4 18.55 ▲ 0.76% ABEV3 15.80 ▲ 0.06% BBAS3 20.88 ▲ 3.52% B3SA3 15.17 ▼ 0.59% WEGE3 42.47 ▼ 1.53% PRIO3 58.18 ▲ 0.85% SUZB3 41.63 ▼ 0.62% RENT3 36.55 ▼ 2.51% AZZA3 17.48 ▼ 3.80% CSAN3 3.78 ▼ 1.05% RAIZ4 0.27 — 0.00% PCAR3 2.73 ▲ 5.00% GMAT3 3.83 ▼ 0.52% PSSA3 53.48 ▼ 1.33% CVCB3 1.12 ▲ 3.70% POSI3 3.68 ▼ 0.54% SLCE3 13.75 ▲ 1.33% NATU3 8.71 ▲ 0.93% BRKM5 5.71 ▼ 3.87% RANI3 7.89 ▼ 1.25% CSNA3 5.06 ▼ 0.20% CMIN3 5.58 ▲ 3.53% USIM5 8.46 ▲ 3.68% GGBR4 23.49 ▼ 0.55% ENEV3 25.42 ▼ 0.90% CPFE3 46.40 ▲ 0.17% CMIG4 11.02 — 0.00% EQTL3 38.83 ▼ 1.17% LREN3 13.27 ▼ 0.30% VIVT3 35.80 ▲ 0.36% RAIL3 13.24 ▼ 2.43% KLABIN 17.59 ▲ 0.63% RAIA DROGASIL 18.13 ▼ 3.00% RDOR3 33.92 ▼ 4.32% HAPV3 11.24 ▼ 2.68% FLRY3 16.55 ▼ 0.06% SMTO3 15.58 ▲ 1.10% UGPA3 31.82 ▲ 0.38% VBBR3 33.95 ▼ 0.47% BBSE3 41.55 ▲ 1.22% BPAC11 55.37 ▼ 0.84% CURY3 29.95 ▼ 0.80% AERI3 2.04 ▼ 1.45% VIVARA 21.41 ▼ 2.50% COMPASS 24.44 ▼ 0.65% VAMOS 3.09 — 0.00% SANB11 27.21 ▲ 2.78% ASAI3 8.25 ▲ 1.35% SBSP3 28.60 ▼ 1.31% WALMEX 49.15 ▼ 0.47% GMEXICO 209.54 ▲ 4.34% FEMSA 226.99 ▲ 0.01% CEMEX 22.07 ▲ 0.87% GFNORTE 185.80 ▲ 3.22% BIMBO 59.39 ▼ 0.18% TELEVISA 9.70 ▼ 0.10% AMX 22.76 ▲ 0.09% GAP 378.85 ▲ 0.17% ASUR 274.96 ▲ 0.22% OMA 225.89 ▼ 0.24% KOF 181.05 ▲ 0.13% GRUMA 282.60 ▼ 1.74% KIMBER 38.40 ▲ 0.03% SQM-B 64,540 ▲ 2.25% COPEC 6,450 ▲ 4.03% BSANTANDER 79.01 ▲ 3.84% FALABELLA 5,919 ▲ 0.75% ENELAM 84.53 ▲ 0.50% CENCOSUD 2,028 ▲ 1.66% CMPC 1,084 ▲ 1.67% BANCO CHILE 190.01 ▲ 1.89% LATAM AIR 24.20 ▼ 0.86% YPF 80,625 ▲ 1.80% GGAL 7,965 ▲ 1.53% PAMPA 5,475 ▲ 3.89% TXAR 679.00 ▲ 1.27% ALUAR 973.00 ▲ 1.41% TGS 9,710 ▲ 2.21% CEPU 2,340 ▲ 2.23% MIRGOR 16,775 ▼ 2.04% COME 42.87 ▼ 0.19% LOMA NEGRA 3,605 ▲ 0.91% BYMA 292.25 ▼ 0.51% TELECOM ARG 4,255 ▲ 2.65% ECOPETROL 16.53 ▲ 3.09% BANCOLOMBIA 83.64 ▲ 3.49% GRUPO AVAL 5.09 ▲ 2.83% CREDICORP 391.10 ▲ 1.10% SOUTHERN COPPER 188.01 ▲ 7.39% BUENAVENTURA 31.25 ▲ 3.96% MERCADOLIBRE 1,823 ▼ 0.53% NUBANK 14.39 ▲ 2.86% XP 16.85 ▲ 0.30% PAGSEGURO 9.58 ▲ 3.12% STONE 11.26 ▲ 1.21% GLOBANT 32.10 ▼ 0.59% TECNOGLASS 45.15 ▼ 2.08% GAP AIRPORT 217.68 ▲ 0.26% ASUR 274.96 ▲ 0.22% OMA AIRPORT 104.23 ▲ 0.21% AMX ADR 26.09 ▼ 0.04% FEMSA ADR 130.35 ▲ 0.26% CEMEX ADR 12.70 ▲ 1.68% PETROBRAS ADR 18.54 ▲ 1.92% VALE ADR 14.25 ▲ 1.06% ITAU ADR 8.40 ▲ 0.96% SANTANDER BR 5.40 ▲ 0.56% AMBEV ADR 3.11 ▲ 0.97% CSN 1.01 ▼ 0.50% GERDAU 4.64 ▼ 0.85% LATAM ADR 51.58 ▼ 0.31% BTC 65,597 ▼ 1.37% ETH 1,918 ▼ 0.54% SOL 77.17 ▼ 1.20% XRP 1.14 ▼ 0.61% BNB 569.82 ▼ 0.66% ADA 0.17 ▼ 0.49% DOGE 0.07 ▼ 1.22% AVAX 6.50 ▼ 0.94% LINK 8.60 ▼ 0.50% DOT 0.84 ▼ 1.04% LTC 46.73 ▼ 0.18% BCH 220.99 ▼ 1.21% TRX 0.33 ▲ 0.03% XLM 0.19 ▼ 1.90% HBAR 0.07 ▲ 1.86% NEAR 1.88 ▼ 2.80% ATOM 1.47 ▼ 1.22% AAVE 96.58 ▲ 1.05% SELIC 14.25% EMBRAER 82.65 ▼ 0.77% EMBRAER ADR 65.47 ▼ 0.70% JBS 11.95 ▼ 0.67% JBS BDR 60.22 ▼ 0.94% MBRF3 15.11 ▲ 4.06% MBRFY 2.95 ▲ 1.37% INTER 5.58 ▼ 0.71% EGX 53,932 ▼ 0.11% USD/ZAR16.46▼ 0.05% USD/NGN 1,376 — 0.00% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY163.07▼ 0.06% USD/CNY6.76▼ 0.07% DAX 25,170 ▲ 0.63% CAC 8,453 ▲ 1.08% FTSE 10,739 ▲ 1.45% MIB 52,782 ▲ 0.95% IBEX 19,622 ▲ 1.25% STOXX 647.36 ▲ 0.65% EUR/USD1.14▲ 0.13% GBP/USD1.34▼ 0.49% SPX 7,509 ▲ 0.89% DJI 52,225 ▲ 0.74% NDX 29,155 ▲ 1.93% RUT 2,987 ▲ 1.53% TSX 35,369 ▲ 1.17% VIX 17.51 ▲ 2.70% USD/CAD1.41▼ 0.14% US10Y 4.6340 ▲ 0.13% IBOV 173,325.65 ▼ 0.03% IPSA 10,954.04 ▲ 0.52% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,281,979 — 0.00% COLCAP 2,301.34 ▲ 0.13% BVL PERÚ 56,620.35 — — USD/BRL 5.08 ▲ 0.09% USD/MXN 17.42 ▲ 0.02% USD/CLP 937.37 ▲ 0.18% USD/COP 3,216 ▼ 1.23% USD/PEN 3.40 ▲ 0.07% USD/ARS 1,475 ▼ 0.19% USD/UYU 40.11 ▲ 1.23% USD/PYG 6,045 ▲ 1.76% USD/BOB 10.80 ▲ 2.69% USD/DOP 58.00 ▼ 0.34% USD/CRC 446.12 ▲ 1.15% USD/GTQ 7.62 ▲ 2.33% USD/HNL 26.74 ▲ 1.61% USD/NIO 36.62 ▲ 0.72% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 0.55% USD/TTD 6.73 ▲ 1.02% EUR/BRL 5.79 ▼ 0.48% BRENT 94.02 ▲ 3.31% WTI 86.81 ▲ 2.24% IRON ORE 161.91 — — COPPER 6.51 ▼ 0.05% GOLD 4,122 ▲ 1.26% SILVER 59.54 ▲ 1.19% SOY 1,232 ▲ 0.98% CORN 482.25 ▲ 6.52% WHEAT 698.00 ▲ 2.95% COFFEE 321.35 ▼ 3.19% SUGAR 14.74 ▼ 0.94% ORANGE JUICE 141.45 ▼ 1.63% COTTON 80.43 ▲ 1.86% COCOA 5,441 ▼ 2.96% BEEF 223.05 ▼ 1.53% CATTLE 344.88 ▼ 2.02% LITHIUM 69.08 ▲ 3.23% PETR4 41.66 ▲ 1.24% VALE3 72.37 ▲ 0.61% ITUB4 42.53 ▲ 0.54% BBDC4 18.55 ▲ 0.76% ABEV3 15.80 ▲ 0.06% BBAS3 20.88 ▲ 3.52% B3SA3 15.17 ▼ 0.59% WEGE3 42.47 ▼ 1.53% PRIO3 58.18 ▲ 0.85% SUZB3 41.63 ▼ 0.62% RENT3 36.55 ▼ 2.51% AZZA3 17.48 ▼ 3.80% CSAN3 3.78 ▼ 1.05% RAIZ4 0.27 — 0.00% PCAR3 2.73 ▲ 5.00% GMAT3 3.83 ▼ 0.52% PSSA3 53.48 ▼ 1.33% CVCB3 1.12 ▲ 3.70% POSI3 3.68 ▼ 0.54% SLCE3 13.75 ▲ 1.33% NATU3 8.71 ▲ 0.93% BRKM5 5.71 ▼ 3.87% RANI3 7.89 ▼ 1.25% CSNA3 5.06 ▼ 0.20% CMIN3 5.58 ▲ 3.53% USIM5 8.46 ▲ 3.68% GGBR4 23.49 ▼ 0.55% ENEV3 25.42 ▼ 0.90% CPFE3 46.40 ▲ 0.17% CMIG4 11.02 — 0.00% EQTL3 38.83 ▼ 1.17% LREN3 13.27 ▼ 0.30% VIVT3 35.80 ▲ 0.36% RAIL3 13.24 ▼ 2.43% KLABIN 17.59 ▲ 0.63% RAIA DROGASIL 18.13 ▼ 3.00% RDOR3 33.92 ▼ 4.32% HAPV3 11.24 ▼ 2.68% FLRY3 16.55 ▼ 0.06% SMTO3 15.58 ▲ 1.10% UGPA3 31.82 ▲ 0.38% VBBR3 33.95 ▼ 0.47% BBSE3 41.55 ▲ 1.22% BPAC11 55.37 ▼ 0.84% CURY3 29.95 ▼ 0.80% AERI3 2.04 ▼ 1.45% VIVARA 21.41 ▼ 2.50% COMPASS 24.44 ▼ 0.65% VAMOS 3.09 — 0.00% SANB11 27.21 ▲ 2.78% ASAI3 8.25 ▲ 1.35% SBSP3 28.60 ▼ 1.31% WALMEX 49.15 ▼ 0.47% GMEXICO 209.54 ▲ 4.34% FEMSA 226.99 ▲ 0.01% CEMEX 22.07 ▲ 0.87% GFNORTE 185.80 ▲ 3.22% BIMBO 59.39 ▼ 0.18% TELEVISA 9.70 ▼ 0.10% AMX 22.76 ▲ 0.09% GAP 378.85 ▲ 0.17% ASUR 274.96 ▲ 0.22% OMA 225.89 ▼ 0.24% KOF 181.05 ▲ 0.13% GRUMA 282.60 ▼ 1.74% KIMBER 38.40 ▲ 0.03% SQM-B 64,540 ▲ 2.25% COPEC 6,450 ▲ 4.03% BSANTANDER 79.01 ▲ 3.84% FALABELLA 5,919 ▲ 0.75% ENELAM 84.53 ▲ 0.50% CENCOSUD 2,028 ▲ 1.66% CMPC 1,084 ▲ 1.67% BANCO CHILE 190.01 ▲ 1.89% LATAM AIR 24.20 ▼ 0.86% YPF 80,625 ▲ 1.80% GGAL 7,965 ▲ 1.53% PAMPA 5,475 ▲ 3.89% TXAR 679.00 ▲ 1.27% ALUAR 973.00 ▲ 1.41% TGS 9,710 ▲ 2.21% CEPU 2,340 ▲ 2.23% MIRGOR 16,775 ▼ 2.04% COME 42.87 ▼ 0.19% LOMA NEGRA 3,605 ▲ 0.91% BYMA 292.25 ▼ 0.51% TELECOM ARG 4,255 ▲ 2.65% ECOPETROL 16.53 ▲ 3.09% BANCOLOMBIA 83.64 ▲ 3.49% GRUPO AVAL 5.09 ▲ 2.83% CREDICORP 391.10 ▲ 1.10% SOUTHERN COPPER 188.01 ▲ 7.39% BUENAVENTURA 31.25 ▲ 3.96% MERCADOLIBRE 1,823 ▼ 0.53% NUBANK 14.39 ▲ 2.86% XP 16.85 ▲ 0.30% PAGSEGURO 9.58 ▲ 3.12% STONE 11.26 ▲ 1.21% GLOBANT 32.10 ▼ 0.59% TECNOGLASS 45.15 ▼ 2.08% GAP AIRPORT 217.68 ▲ 0.26% ASUR 274.96 ▲ 0.22% OMA AIRPORT 104.23 ▲ 0.21% AMX ADR 26.09 ▼ 0.04% FEMSA ADR 130.35 ▲ 0.26% CEMEX ADR 12.70 ▲ 1.68% PETROBRAS ADR 18.54 ▲ 1.92% VALE ADR 14.25 ▲ 1.06% ITAU ADR 8.40 ▲ 0.96% SANTANDER BR 5.40 ▲ 0.56% AMBEV ADR 3.11 ▲ 0.97% CSN 1.01 ▼ 0.50% GERDAU 4.64 ▼ 0.85% LATAM ADR 51.58 ▼ 0.31% BTC 65,597 ▼ 1.37% ETH 1,918 ▼ 0.54% SOL 77.17 ▼ 1.20% XRP 1.14 ▼ 0.61% BNB 569.82 ▼ 0.66% ADA 0.17 ▼ 0.49% DOGE 0.07 ▼ 1.22% AVAX 6.50 ▼ 0.94% LINK 8.60 ▼ 0.50% DOT 0.84 ▼ 1.04% LTC 46.73 ▼ 0.18% BCH 220.99 ▼ 1.21% TRX 0.33 ▲ 0.03% XLM 0.19 ▼ 1.90% HBAR 0.07 ▲ 1.86% NEAR 1.88 ▼ 2.80% ATOM 1.47 ▼ 1.22% AAVE 96.58 ▲ 1.05% SELIC 14.25% EMBRAER 82.65 ▼ 0.77% EMBRAER ADR 65.47 ▼ 0.70% JBS 11.95 ▼ 0.67% JBS BDR 60.22 ▼ 0.94% MBRF3 15.11 ▲ 4.06% MBRFY 2.95 ▲ 1.37% INTER 5.58 ▼ 0.71% EGX 53,932 ▼ 0.11% USD/ZAR 16.47 ▲ 0.09% USD/NGN 1,376 — 0.00% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY 163.10 ▼ 0.03% USD/CNY 6.7723 ▲ 0.23% DAX 25,170 ▲ 0.63% CAC 8,453 ▲ 1.08% FTSE 10,739 ▲ 1.45% MIB 52,782 ▲ 0.95% IBEX 19,622 ▲ 1.25% STOXX 647.36 ▲ 0.65% EUR/USD 1.1413 ▲ 0.08% GBP/USD 1.3361 ▼ 0.13% SPX 7,509 ▲ 0.89% DJI 52,225 ▲ 0.74% NDX 29,155 ▲ 1.93% RUT 2,987 ▲ 1.53% TSX 35,369 ▲ 1.17% VIX 17.51 ▲ 2.70% USD/CAD 1.4090 ▼ 0.11% US10Y 4.6340 ▲ 0.13%
since 2009
Wednesday, July 22, 2026

Uncertain Outcome for Argentina’s Presidential Runoff

By · November 4, 2023 · 2 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

Two weeks before Argentina’s presidential election runoff, voter surveys depict an uncertain battle for the November 19 ballot.

Sergio Massa, the leftist coalition’s Economy Minister from Unión por la Patria, leads in two polls.

Libertarian candidate Javier Milei from La Libertad Avanza ties with Massa in three others.

Massa won the first round on October 22 with 36.68% of valid votes, while Milei secured 29.98%.

Diverse Poll Results

Recent Atlas Intel polling shows Milei slightly ahead with 52% of valid votes. Massa trails at 48%.

Given the 2% margin of error, they are at a statistical tie.

This survey included 3,218 participants between November 1 and 3. President Alberto Fernández’s low approval rating of 11% may sway Massa’s prospects.

Uncertain Outcome for Argentina's Presidential Runoff - Massa vs Milei. (Photo Internet reproduction)
Uncertain Outcome for Argentina’s Presidential Runoff – Massa vs Milei. (Photo Internet reproduction)
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

Argentina’s high inflation and debt management issues have eroded the government’s popularity.

The country made a $2.6 billion payment to the International Monetary Fund (IMF) on October 25, addressing its debt obligations for the month.

Close Projections

A Zuban Córdoba survey, reported by Clarin newspaper, places Massa slightly ahead with 45.4% in the runoff, Milei close at 43.1%.

Within the 2.19% error margin, they’re tied. Conducted with 2,000 participants on October 28 and 29, the survey indicates a high rejection rate: 56.7% for Massa, 54.3% for Milei.

Among followers of third-place Patricia Bullrich, 28.9% reject Milei, yet 45% would support him.

Government Support and Opposition

An Analogias survey pitches Massa against Milei with 42.4% to 34.3%.

This phone survey of 1,954 Argentinians, from October 23 to 25, suggests Massa’s support comes from various sectors.

About one-third of Juan Schiaretti’s voters, 60% of Myriam Bregman’s, and nearly 15% of Bullrich’s may favor Massa.

Massa’s growing appeal among women, middle-aged groups, and less-educated individuals is evident.

Moreover, 52% support the idea of a national unity government to address Argentina’s challenges.

Tight Race According to CB Consultora

CB Consultora’s data indicates a tight race with Milei at 50.7% and Massa at 49.3% for the runoff.

Of Bullrich’s first-round voters, 46% lean towards Milei, with 14% for Massa.

Surveying 1,715 Argentinians on October 23 and 24, it presents a 95% confidence level with a 2.4% margin of error.

Economic Struggles

Argentina, South America’s second-largest economy and the world’s 22nd, has a GDP of $632.77 billion (World Bank, 2022).

It’s Brazil’s third-largest trading partner, with a $2.24 billion trade surplus for Brazil in the previous year.

Inflation hit a 21-year monthly high at 12.7% in September, with an annual rate of 138.3%.

The Central Bank raised interest rates to 133% in October, aiming to encourage saving and control price rises.

However, dollar reserves dropped from $44.6 billion at 2023’s start to $28 billion by August 31, a sharp decrease from the 2019 peak of $77.4 billion under President Mauricio Macri.

Rising Poverty

Argentina’s poverty rate climbed to 40.1% in the first half of 2023, a significant rise from 36.5% in the same period last year.

This increase suggests about 1.7 million more people living in poverty nationwide.

With 62.4% of Argentinians earning income in the first half of 2023, the poverty challenge remains substantial amidst the economic backdrop.

 

 

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.