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Monday, June 27, 2011

Mexico Stocks Advance

Here is an update on advances in the Bolsa Mexicana de Valores SAB for 4pm, June 27, 2011:

The IPC index rose 0.7 percent to 35,601.73. The exchange halted trading twice during today’s session to address sluggishness in its an operating system installed during the weekend, Bolsa Mexicana de Valores SAB said in an e-mailed statement.

Grupo Comercial Chedraui SA (CHDRAUIB MM), a supermarket chain based in Xalapa, Mexico, climbed 0.9% to 36.97 pesos. Chedraui was rated “overweight” in new coverage at HSBC Holdings Plc, according to an e-mailed research note.

Industrias Penoles SAB (PE&OLES* MM), Mexico’s largest silver producer, declined 0.6 percent to 433.06 pesos. Silver futures for September delivery fell for a third day.

Source: Bloomberg.com

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