Regional markets
Wednesday, December 15, 2010Falling trend continues for Merval and Bovespa
The panel of local leading stocks index fell 1.49 percent to 3,332.71 points.
The peso-denominated Discount bond dropped 0.9 percent; Boden 2014, 0.3 percent; whereas 2017 Global bond gained 0.2 percent; Bonar 2015, 0.4 percent.
Meanwhile, Argentina's country-risk declined 1 percent, stood at 502 basis points in the JP Morgan EMBI index.
The main indicator of the Brazilian stock market's average performance declined 0.83 percent to 68,174.16 points. It has increased 1.5 percent in December; 0.2 percent so far in 2010.
Meanwhile, the US dollar dropped 0.4 percent to R$1.695 on the local spot market.
The US dollar trades for $4/$3.965 pesos, and remains unchanged compared to yesterday's close price in the main banks and foreign exchange houses in Buenos Aires downtown.
Meanwhile, the euro stands at $5.35/$5.25 pesos.
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