Thursday, May 31, 2007

Argentina stocks hit new record, bonds end mixed

(Reuters) - The MerVal index of 16 leading stocks finished up
0.93 percent to 2,243.03 points. Trade volume on the broad
market in Buenos Aires was a bulky $58.5 million, the heaviest
since Feb. 8 when it topped $79 million.




"What stood out was a very good trade volume accompanied by
a dose of very selective buying, with interest in those issues
that have been long undervalued," said Juan Diedrich, a trader
at Capital Markets Argentina.


Read more at Reuters.com Bonds News

No comments: