Friday, April 13, 2012

YPF shares edge down in Buenos Aires and New York

Shares of Argentina's biggest energy company YPF edged lower by 4.2 percent in Wall Street and 3.3 percent at  the Merval Buenos Aires stock market.

Yesterday, as rumours circulated of President Cristina Fernández de Kirchner announcing the buying of a bigger stake of Repsol-YPF mixed company, shares edged down at the Madrid Stock Exchange, while in Wall Street and Buenos Aires Merval the company showed gains.