BUENOS AIRES (Reuters) - Argentina's MerVal stock index reversed losses and rose 5.1 pct on Tuesday on increased optimism about last-minute debt talks in New York aimed at avoiding an Argentine default, traders said.
Argentine negotiators were expected to hold further talks with a mediator on Tuesday. Meanwhile, holders of Argentina's euro-denominated exchange bonds urged a U.S. judge to issue a last-minute stay on his debt ruling that risks toppling the country into default on Thursday.
(Reporting by Jorge Otaola; Writing by Sarah Marsh; Editing by Richard Lough and Diane Craft)
Price
|
Change
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5d. change
|
Capi.
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|---|---|---|---|---|---|
| 1,576,628 PTS | +4.04% | +57.66% | - | ||
| 968.6 ARS | -0.21% | -0.69% | - | ||
