Argentine stocks dive amid global downturn

jueves 20 de noviembre de 2008 12:59 ARST

BUENOS AIRES Nov 20 (Reuters) - Argentine stocks sank nearly 5 percent in early trade on Thursday, pressured by losses on Wall Street and in Europe as the outlook for the U.S. economy darkened.

The benchmark MerVal index .MERV was trading at 880.10 points at 1455 GMT. (Reporting by Walter Bianchi and Hilary Burke; Editing by Theodore d'Afflisio)