Wednesday, July 05, 2006

Aluar Joins Merval




Local aluminum producer Aluar was incorporated Monday into Argentina’s Merval Index, with a weighting of 2.49%. Merval is the stock index of Argentina’s leading companies. The index will comprise 12 companies now until the end of September. Steel producer Tenaris continues to hold the greatest weighting, with 31.19%, followed by Petrobras with 12.65% and then Siderar with 11.15%.

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