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Monday, January 16, 2012

Mexican Stock Exchange: Update



Below is an update for Mexican Stocks. The following companies had unusual price changes in Mexico trading. (Stock symbols are in parentheses and prices are as of the close of trading.)
Overall, the IPC index rose 1 percent to 36,916.16.
Mexican stocks followed European equities improved performance as France auctioned debt at a lower borrowing cost after Standard & Poor’s lowered its credit rating.
Controladora Comercial Mexicana SAB (COMERUBC), a Mexican supermarket chain, gained 4 percent to 26.21 pesos. Fomento Economico Mexicano SAB (FEMSAUBD), Latin America’s largest Coca-Cola bottler, rose 1.1 percent to 92.98 pesos. America Movil SAB (AMXL) , the wireless carrier controlled by billionaire Carlos Slim, rose 1.1 percent to 15.30 pesos.
Alfa SAB (ALFAA) , Mexico’s largest privately-owned chemical company, jumped 8.6 percent to 170.99 pesos.

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