Argentina's stock and bond market trends on Friday. The MerVal stocks index jumped 5.49 percent to 1,196.97, the highest close since the first week of the year, catching up with gains made on Wall Street a day earlier, when there was a holiday in Argentina.
Petrobras Energia Participaciones, the Argentine unit of Brazil's state oil company Petrobras, soared 9.7 percent to close at 2.37 pesos per share. On the broad market, stocks volume was high at $20 million. Of active issues, 50 advanced, 16 declined and 15 were unchanged.
Prices for government bonds traded over-the-counter in Buenos Aires rose an average 3 percent as optimism over emerging markets spread after G20 leaders met in London on Thursday and pledged more money for international lenders. The dollar-denominated Boden 12 gained 7.4 percent to an ask price of 26.3.
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