15 de noviembre de 2010 / 21:00 / hace 7 años

STXNEWS LATAM-Argentine stocks rise on Paris Club talk

Argentina's benchmark MerVal share index .MERV closed up 1.71 percent at 3,270.78 points on Monday, as banking stocks rose on speculation of a possible deal to repay the government's $6.5 billion debt with the Paris Club. Banco Macro BMA.BA rose 4.59 percent to 20.5 pesos per share. Speculation that a deal on the defaulted debt may be close mounted last week. Argentine bond prices have risen on expectation of a Paris Club deal in recent sessions, but they fell on Monday. Local banks are major holders of sovereign bonds.

Editing by Kenneth Barry

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below