Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Argentine Stocks: YPF Falls on Investigation; Banks Decline

Jan. 16 (Bloomberg) -- The following companies had unusual price changes in Argentine trading. Stock symbols are in parentheses and share prices are as of the close of trading in Buenos Aires.

The Merval Index was little changed at 2,754.57.

Financial company shares declined after Argentina’s statistics agency reported Jan. 13 the country’s consumer prices rose 9.5 percent in December from a year earlier. Banco Macro SA (BMA AF), Argentina’s largest lender by market share, was unchanged at 11.10 pesos after earlier falling as much as 2.7 percent. Banco Hipotecario SA (BHIP AF) dropped 0.6 percent to 1.69 pesos. BBVA Banco Frances SA (FRAN AF) slid 1.2 percent to 9.30 pesos.

YPF SA (YPFD AF), Argentina’s largest energy company, fell 3.9 percent to 164.50 pesos. The country’s antitrust agency is investigating energy companies including YPF for fuel price-fixing, Planning Minister Julio De Vido said.

To contact the reporters on this story: Zachary Tracer in New York at ztracer1@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.