Friday, March 2, 2012

Buenos Aires stocks edge up

Buenos Aires stocks presented slight gains, with the Merval benchmark stock index moving up by 0.3 percent, to 2,757.3 points . So far this year the leading panel of stocks saw accumulated gains of 11 percent.

Meanwhile, Argentina's country-risk fell by 3.7% to 812 basis points in the JP Morgan EMBI index.

Despite tensions between the government and oil company Repsol-YPF, its stocks gained 1.3%.