Mexican Stocks Rise As Investors See U.S. Jobs Aid Ahead

Via MarketWatch: Mexican stocks climbed Wednesday after news that President Obama may distribute financial aid in order to augment employment figures in the U.S. This is excellent news for those interested in investing in Mexico, since the U.S. is currently the top export market for Mexico (80% of its exports arrive to the U.S.). Latin America’s second-largest economy saw it's IPC level advance 2.2% to 35,179.59. Among the best stock performers were electronics retailer Grupo Elektra and cement maker Cemex, up 8.1% and 5.6%, respectively.