Argentine Stocks: Aluar, Banco Macro and Banco Santander Rio

The following companies are having unusual price changes in Argentine trading. Stock symbols are in parentheses and share prices are as of 1:42 p.m. in Buenos Aires.

The Merval (MERVAL) Index rose 0.8 percent to 2,630.58.

Aluar Aluminio Argentino SAIC (ALUA) rose 2.1 percent to 3.42 pesos, its third day of gains. The country’s largest aluminum producer gained in line with the price of the base metal in London.

Banco Macro SA (BMA) gained 2.7 percent to 9.75 pesos. Argentina’s largest lender by market share rose amid gains in global stock markets following an unexpected drop in the U.S. unemployment rate.

Banco Santander Rio SA (BRIO) advanced 2.1 percent to 7.15 pesos. The unit of Spain’s Banco Santander SA rose in line with the price of its controller in Madrid.

To contact the reporter on this story: Eduardo Thomson in Santiago at ethomson1@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.