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| Conservative Mauricio Macri wins Argentina presidency | Conservative Mauricio Macri wins Argentina presidency |
| (35 minutes later) | |
| Conservative Mauricio Macri has been confirmed as the winner in Argentina's presidential elections, as his ruling party opponent conceded. | Conservative Mauricio Macri has been confirmed as the winner in Argentina's presidential elections, as his ruling party opponent conceded. |
| With almost all votes counted, Mr Macri had 52% to Daniel Scioli's 48%. | With almost all votes counted, Mr Macri had 52% to Daniel Scioli's 48%. |
| Loud cheers erupted at Mr Macri's campaign headquarters after TV exit polls suggested he had won. | Loud cheers erupted at Mr Macri's campaign headquarters after TV exit polls suggested he had won. |
| Mr Macri, the mayor of Buenos Aires, lost to Mr Scioli, who is the governor of Buenos Aires province, in the first round of voting in October. | Mr Macri, the mayor of Buenos Aires, lost to Mr Scioli, who is the governor of Buenos Aires province, in the first round of voting in October. |
| But neither candidate managed to win the vote outright, forcing a run-off - the first in the country's history - and Mr Scioli lost ground to his rival in the month since. | But neither candidate managed to win the vote outright, forcing a run-off - the first in the country's history - and Mr Scioli lost ground to his rival in the month since. |
| Mr Macri's victory will be the first in more than a decade for Argentina's centre-right opposition. | |
| He went into Sunday's vote with a comfortable lead in opinion polls, and campaigned on pledges to bring new investment into the ailing economy, tackle crime and fight corruption. | |
| Analysis: Daniel Gallas, BBC South America business correspondent | Analysis: Daniel Gallas, BBC South America business correspondent |
| A month ago, Argentina looked set to elect Daniel Scioli and keep President Cristina Fernandez's party in power. But in the run-off vote on Sunday - the first in Argentina's history - voters opted for radical change, electing free-market candidate Mauricio Macri. | A month ago, Argentina looked set to elect Daniel Scioli and keep President Cristina Fernandez's party in power. But in the run-off vote on Sunday - the first in Argentina's history - voters opted for radical change, electing free-market candidate Mauricio Macri. |
| After a campaign marked by strong mutual attacks, tonight both Mr Macri and Mr Scioli gave measured, respectful speeches after results were announced - perhaps a sign that there can be a constructive dialogue in the coming few days. | After a campaign marked by strong mutual attacks, tonight both Mr Macri and Mr Scioli gave measured, respectful speeches after results were announced - perhaps a sign that there can be a constructive dialogue in the coming few days. |
| Mr Macri will have a lot on his plate in the coming days and after 10 December, when he takes office. | Mr Macri will have a lot on his plate in the coming days and after 10 December, when he takes office. |
| Markets will be watching how he ends currency controls - one of his key promises to get Argentina growing strongly again. He will also need to build a coalition in Congress, as he does not have the majority to rule. | Markets will be watching how he ends currency controls - one of his key promises to get Argentina growing strongly again. He will also need to build a coalition in Congress, as he does not have the majority to rule. |
| The son of one of Argentina's richest men, he had a long career in business before entering politics. | The son of one of Argentina's richest men, he had a long career in business before entering politics. |
| A close ally of current President Cristina Fernandez de Kirchner, Mr Scioli had been expected to win by a greater margin in October. | A close ally of current President Cristina Fernandez de Kirchner, Mr Scioli had been expected to win by a greater margin in October. |