Tuesday, October 4, 2011
Buenos Aires stocks pushed down on global economic fears
Buenos Aires stocks showed negativity, with the Merval benchmark stock index moving down by 0.2 percent, to 2,286.73 points.Stocks plunged by 7% in Buenos Aires yesterday, seen as a knock-on effect of the current crisis in Greece, the price of soy and a possible stagnation in the Brazilian economy.
Argentina's country-risk rose by 0.7% to 1025 basis points in the JP Morgan EMBI index.
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