Argentina's YPF shares jump 4.7 percent after Repsol sells stake

Fri May 9, 2014 9:29am EDT
 
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BUENOS AIRES (Reuters) - Shares in Argentina's state-run oil company YPF YPF.BA jumped 4.7 percent on the Buenos Aires stock exchange on Wednesday after Spanish oil major Repsol (REP.MC: Quote) sold its 11.86 percent stake in the company.

(Reporting by Alejandro Lifschitz; Editing by Jeffrey Benkoe)

 
A flag with the YPF logo is waved in front of the Argentine Congress in Buenos Aires, April 25, 2012. REUTERS/Marcos Brindicci