Argentina: YPF Lower Despite Financing For Electricity Projects

in #news7 years ago

Offers of Argentine oil-and-gas maker (YPF) were down 1.4% Wednesday evening in spite of news of $220 million in financing for a joint power extend with General Electric (GE). The Global X MSCI Argentina trade exchanged reserve (ARGT) was down 0.5% in late exchanging. YPF shares are up 34% this year, while the Argentina ETF is up over 28%.

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