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
Showing posts with label IPC index. Show all posts
Showing posts with label IPC index. Show all posts
Monday, June 27, 2011
Monday, June 13, 2011
Mexican Shares Up
From the WSJ:
Mexican shares struggled to post gains early Monday as concerns about the global economy weighed down the buying interest.
Around 10:30 a.m. ET, the IPC index of Mexico's leading shares was up 0.2% to 35015 points on volume of 630 million pesos ($53 million).
The peso was also gaining, at MXN11.8590 to the dollar compared with Friday's close of MXN11.9030, which was its lowest level since the end of March. Lately, the peso has been tracking U.S. equities, but were posted tentative gains early today.
In local economic news, Mexico's industrial production rose a modest 1.4% in April from the year-earlier month. Local brokerage Vector said in a note that auto-parts shortages due to the Japanese earthquake and tsunami could continue to curb Mexican manufacturing in the months beyond April.
Mexican shares struggled to post gains early Monday as concerns about the global economy weighed down the buying interest.
Around 10:30 a.m. ET, the IPC index of Mexico's leading shares was up 0.2% to 35015 points on volume of 630 million pesos ($53 million).
The peso was also gaining, at MXN11.8590 to the dollar compared with Friday's close of MXN11.9030, which was its lowest level since the end of March. Lately, the peso has been tracking U.S. equities, but were posted tentative gains early today.
In local economic news, Mexico's industrial production rose a modest 1.4% in April from the year-earlier month. Local brokerage Vector said in a note that auto-parts shortages due to the Japanese earthquake and tsunami could continue to curb Mexican manufacturing in the months beyond April.
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