Argentine Stocks: Molinos Rio de la Plata, Tenaris Decline

The following companies are having unusual price changes in Argentine trading. Stock symbols are in parentheses and share prices are as of 11:07 a.m. New York time.

The Merval Index rose 0.1 percent to 3,268.25.

Molinos Rio de la Plata (MOLI) SA, the Argentine food company and soy processor that gets most of its revenue from outside of Argentina, fell 1.3 percent to 26.60 pesos. Industrial production in the U.S. rose less than forecast in May, figures from the Federal Reserve showed, signaling the economic recovery is slowing.

Tenaris SA (TS) , the world’s largest maker of seamless pipes, declined 1.2 percent to 98.50 pesos.

To contact the reporter on this story: Camila Russo in New York at

To contact the editor responsible for this story: David Papadopoulos at

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