| Team | P | W | D | L | Pts |
| Argentina | 4 | 4 | 0 | 0 | 8 |
| Uruguay | 4 | 3 | 0 | 1 | 6 |
| Chile | 4 | 2 | 0 | 2 | 4 |
| Paraguay | 4 | 1 | 0 | 3 | 2 |
| Brazil | 4 | 0 | 0 | 4 | 0 |
| Result Date | Team | Pts | Team | Pts | |||
| 24 Oct 1977 | Chile | 2 | Paraguay | 0 | Table | Match | ||
| 25 Oct 1977 | Uruguay | 2 | Paraguay | 0 | Table | Match | ||
| Argentina | 2 | Brazil | 0 | Match | |||
| 27 Oct 1977 | Paraguay | 2 | Brazil | 0 | Table | Match | ||
| Uruguay | 2 | Chile | 0 | Match | |||
| 28 Oct 1977 | Argentina | 2 | Uruguay | 0 | Table | Match | ||
| 29 Oct 1977 | Chile | 2 | Brazil | 0 | Table | Match | ||
| Argentina | 2 | Paraguay | 0 | Match | |||
| 30 Oct 1977 | Uruguay | 2 | Brazil | 0 | Table | Match | ||
| Argentina | 2 | Chile | 0 | Match |
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