Opposition candidate Mauricio Macri is poised to become Argentina's next President after a runoff vote that marks the end of a political dynasty, CNN reported.
"Thank you for believing in me. ... I am here because you have decided," a triumphant Macri said from his campaign headquarters Sunday night as throngs of supporters erupted in cheers.
"Today is a historic day," he said, "a new era."
Macri spoke shortly after Daniel Scioli, Argentine President Cristina Fernandez de Kirchner's hand-picked successor, conceded defeat.
With more than 98% of votes counted, Macri of the Let's Change coalition had won 51.4% of votes, while Scioli had garnered nearly 48.6%, elections officials said.