YPF Falls on Government Pressure: Buenos Aires Mover
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YPF SA, Argentina’s largest oil producer, fell to the lowest in more than 19 months after the government stepped up pressure on the company to boost output.
YPF dropped 7.5 percent to 147 pesos at the close in Buenos Aires, its lowest since June 2010. The stock plunged 24 percent in the 12 months through the Feb. 24 close. Markets were shut for a holiday in Argentina yesterday.