Tuesday, October 18, 2011

Buenos Aires stocks present gains

Buenos Aires stocks showed positivity, with the Merval benchmark stock index moving up by 2.07 percent, to 2,732.57 points. So far this month it has experienced accumulated gains of 8.7 percent and losses of 24 percent so far this year.

The Merval was accompanying the activity of global markets, with a watchful eye open for news of the debt crisis in Europe.

Meanwhile, Argentina's country-risk rose by 1.05 percent to 870 basis points in the JP Morgan EMBI index.