Call to square in the Stock Market for a surprise increase in the shares of YPF
April 12, 2012
The Stock Exchange of Buenos Aires stopped the sale of YPF shares for a few minutes after a surprise increase of 10% in value.
Amid rumors of acquisition of 50% of the company to be announced today through National Broadcast, the shares of oil company owned by Repsol rose 10%, instead of continuing the downward trend.
The call to square is used when there is a strange increase in the values of certain actions or a complete lack of marketing for 5 weeks.
Update: After the call to square, the total increase of the shares was 7.42%.