Argentine stocks sink amid global economy worries

jueves 2 de octubre de 2008 17:10 ART

BUENOS AIRES Oct 2 (Reuters) - Argentine stocks plunged 5.27 percent on Thursday, tracking sharp losses on Wall Street and elsewhere in the region amid renewed fears that a U.S. financial crisis could spark a global economic recession.

The MerVal index of leading shares .MERV ended down at 1,520.92 points, a day after the U.S. Senate voted in favor of a bailout plan for the financial sector that must still be approved by the lower house of Congress. (Reporting by Walter Bianchi; Writing by Hilary Burke)