Argentine stocks extend losses, down 8 percent

miércoles 15 de octubre de 2008 12:07 ART

BUENOS AIRES Oct 15 (Reuters) - Argentine stocks extended their losses on Wednesday, falling more than 8 percent on investor concerns the global economy is headed into a recession.

The MerVal index of leading shares .MERV slumped to 1237.80 points at 1504 GMT.

(Reporting by Walter Bianchi; Writing by Kevin Gray, Editing by Walker Simon)