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Argentine Stocks: Molinos Rio de la Plata and Tenaris Advance

The following companies had unusual price changes in Argentine trading. Stock symbols are in parentheses and share prices are as of 4:26 p.m. New York time.

The Merval Index climbed 0.3 percent to 3,335.56.

Molinos Rio de la Plata SA (MOLI AF), which produces food products for domestic sale and export, climbed 0.6 percent to 31.80 pesos, as wheat futures rose for the second day in a row on the Chicago Board of Trade. More than two-thirds of Molinos’s revenue comes from exports.

Tenaris SA (TS AF), the world’s largest producer of seamless steel pipe products, added 1.5 percent to 96 pesos. Argentine industrial production may have risen 8.5 percent in June from the same month last year, according to the median estimate of six economists in a Bloomberg survey before the report to be released July 22.

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