The following companies had unusual price changes in Argentine trading. Stock symbols are in parentheses and share prices are as of 4 p.m. New York time.
The Merval Index fell 0.7 percent to 3,244.09.
Molinos Rio de la Plata SA (MOLI AF), the Argentine food company and soy processor that gets most of its revenue from outside of Argentina, fell 1.5 percent to 26.55 pesos, the biggest drop since June 6. 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 AR), the world’s largest maker of seamless pipes, declined 1.4 percent to 98.30 pesos.
YPF SA (YPFD AF), the Argentina unit of Spain’s Repsol YPF, dropped 0.4 percent to 183 pesos. Argentina’s largest oil producer posted its biggest monthly drop in crude output in three years last month amid strikes in the Patagonian region.