Friday, August 3, 2007

Argentine stocks slump amid U.S. mortgage fallout

(Reuters) - Banco Frances was one of the biggest losers of the
session, shedding 4.6 percent to end at 10.30 pesos per share.




"We're part of a stocks fall with its epicenter in the
United States such as we haven't seen in a long time," said
Francisco Prack, chief economist with SBS group, who forecast
more volatility on the horizon.


Read more at Reuters.com Bonds News

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