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Argentine Stock Movers: Aluar Aluminio, Mirgor and Tenaris

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Nov. 7 (Bloomberg) -- The following companies had unusual price changes in Argentine trading. Stock symbols are in parentheses and share prices are as of the close in Buenos Aires.

The Merval Index fell 0.5 percent to 2,747.55.

Aluar Aluminio Argentino SA (ALUA AF) declined 5.6 percent to 3.7 pesos, the steepest fall in five weeks. The country’s largest aluminum producer is operating at between 75 percent and 80 percent capacity after rains affected its power generation, according to a regulatory filing today from the company.

Industrial companies rose in line with U.S. stocks as investors weighed prospects for political change in Europe’s most-indebted countries.

Mirgor SACIFIA (MIRG AF), the Argentine auto parts manufacturer, increased 4.4 percent to 108 pesos.

Tenaris SA (TS AF), the world’s largest producer of seamless steel tubes used in the oil industry, advanced 1.1 percent to 85 pesos.

To contact the reporter on this story: Camila Russo in Buenos Aires at crusso15@bloomberg.net

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

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