Argentine Stocks: Molinos Rio de la Plata and Tenaris Retreat

The following companies are having unusual price changes in Argentine trading. Stock symbols are in parentheses and share prices are as of 1:31 p.m. in Buenos Aires.

The Merval (MERVAL) Index fell 0.1 percent to 2,896.45.

Molinos Rio de la Plata SA (MOLI AF) fell 1.1 percent to 28 pesos. Argentina’s largest food company and soy processor declined in line with the price of most agricultural commodities.

Tenaris SA (TEN) lost 2.4 percent to 90.7 pesos, the steepest fall in almost two weeks. The world’s largest producer of seamless steel tubes used in the oil industry fell in line with global equity markets.

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

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