Argentine Stocks: Grupo Galicia, Telecom Argentina Were Active
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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 2,268.11.
Grupo Financiero Galicia SA (GGAL AF), Argentina’s largest consumer lender, fell 1.7 percent to 2.94 pesos, its fourth day of losses. Argentine stocks retreated in line with global markets after the U.S. reported disappointing employment figures, Ruben Pascuali, a trader and analyst at Buenos Aires-based brokerage Mayoral Bursatil, said in a phone interview.