Argentine stocks down 7.4 pct amid global plunge

lunes 29 de septiembre de 2008 14:59 ART

BUENOS AIRES, Sept 29 (Reuters) - Argentine stocks sank in afternoon trade on Monday, following Wall Street and other regional bourses sharply lower amid gloom over a global credit crisis.

The benchmark MerVal index .MERV was down 7.38 percent at 1,567.46 points at 1758 GMT. (Reporting by Jorge Otaola and Hilary Burke; Editing by James Dalgleish)