Argentine stocks, bonds rise on global winds
BUENOS AIRES, June 2 (Reuters) - Argentina's stock, currency and bond market trends on Tuesday.
* MerVal stocks index .MERV gained for a third consecutive session to close at an eight-month high, up 0.76 percent to 1,668.76 points.
* Companies that had been punished last week bounced back and the whole bourse was lifted by a good mood on Wall Street over upbeat U.S. housing data.
* Telecom (TEC2.BA: Cotización) TEO.N telephone company rose 7.16 percent to 7.63 pesos per share.
* On the broad market volume was robust at $17 million. Of active issues 44 advanced, 20 declined and 15 were unchanged.
* Prices for government bonds traded over-the-counter in Buenos Aires rose 2.1 percent on average as risk aversion drops on markets around the world.
* The dollar-denominated Boden 2014 ARBODEN14D=RASL rose 4.6 percent to an ask price of 13.60.
* In formal exchange between banks the peso strengthened by 0.07 percent to 3.7400/3.7425 per dollar ARS=RASL.
* In informal trade between foreign exchange houses, as measured by Reuters, the peso rose 0.07 percent to end at 3.8000/3.8050 ARSB=. (Reporting by Jorge Otaola and Walter Bianchi, writing by Fiona Ortiz; Editing by Diane Craft)
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