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Friday, June 3, 2011

Arca Continental Stocks Jump

In Mexico City trading, Arca Continental surged 9.7 percent to 77.23 pesos this week, which qualifies as the biggest rise since the week ending Jan. 28, 2011. Its stock gained 2.9% today.

The Mexican bottling group had the greatest increase since January after Embotelladoras Arca SAB acquired Grupo Continental SAB, a bottler based in Tampico, Mexico and the two started trading as one company.

Source: Bloomberg.com

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