Investment Opportunity Part of Carlos Slim's Loss

The drop in America Movil, as part of Carlos Slim's stock losses in the IPC index, has created an interesting investment opportunity for foreign direct investment in Mexico. America Movil, which has fallen 21 percent this year, has been deemed by Leon Cabrera, a trader at prominent Mexico City-based Vanguardia Casa de Bolsa, as "an opportunity for investors to buy stock in a solid company." He also commented on Carlos Slim's loss this week, stating, “He’s been particularly hurt by those companies leaving the IPC,” said Leon Cabrera, . “It reflects the nervousness out there. It’s part of being in the market.”