Argentine leader Fernandez loses support in midterm primary
Opposition leader Sergio Massa wins in vote-heavy Buenos Aires

A possible re-election bid by Argentine President Cristina Fernandez seemed less likely on Sunday after Buenos Aires province rejected her candidate in the midterm congressional primary, nominating instead a pro-business, small-town mayor.
The win by Sergio Massa - from the affluent suburb of Tigre, known for its picturesque canals - makes him a national figure and may set the stage for him to run for president in 2015.
Argentine bonds were expected to rise after Massa easily won his primary against a candidate hand-picked by left-wing nationalist Fernandez. Nationwide, her coalition clinched only 25 per cent of the vote. Wall Street analysts had said anything less than 40 per cent would boost Argentine asset prices.
Re-elected in 2011 on promises of increasing government’s role in economy, Fernandez says she is not thinking about a possible third term. But talk persists that her supporters want the constitution amended to let her to run again.
