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By Shane Romig
Of DOW JONES NEWSWIRES
BUENOS AIRES (Dow Jones)–Argentine stocks surged Tuesday as bargain hunters swooped in and on speculation that the government is set to throw a lifeline to embattled local power companies.
Argentina’s benchmark Merval stock index shot up 6% to close at 2,384.26 points, with volume relatively high at 77 million pesos ($18 million.)
But despite the surge in Buenos Aires, overseas listings of Argentine companies were dragged down by the global selloff due to …
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