Argentine stocks sink 5 pct on global slump fears

martes 17 de febrero de 2009 14:11 ARST

BUENOS AIRES Feb 17 (Reuters) - Argentine stocks shed 5.1 percent in early afternoon trade on Tuesday, tracking losses in bourses throughout the region as fears of a prolonged global recession resurfaced, traders said.

The benchmark MerVal stocks index .MERV was trading down at 1,066.03 points at 1609 GMT. (Reporting by Walter Bianchi; Writing by Hilary Burke; Editing by Tom Hals)