Bloomberg News

Mexico Stocks: America Movil, Aeroportuario del Pacifico, Walmex

October 06, 2011

Oct. 6 (Bloomberg) -- The following companies had unusual price changes in Mexico trading. Stock symbols are in parentheses and prices are as of 4 p.m. New York time.

The IPC index rose 0.8 percent to 33,279.72.

America Movil SAB (AMXL MM), the wireless carrier controlled by billionaire Carlos Slim, fell 1 percent to 14.58 pesos. The company had its recommendation cut to “hold” from “buy” at Banco Santander SA.

Grupo Aeroportuario del Pacifico SAB (GAPB MM), the operator of airports in the Pacific and central regions of Mexico, rose 1.7 percent to 45.35 pesos. The company’s passenger traffic increased 3.6 percent in September from a year earlier, according to a filing yesterday with the Mexican stock exchange.

Wal-Mart de Mexico SAB (WALMEXV MM), Latin America’s largest retailer, climbed 1.8 percent to 33.01 pesos ahead of a report on same-store sales. The report, released after the market had closed, showed same-store sales rose 4.2 percent in September from the same month a year earlier.

--Editors: Marie-France Han, Glenn J. Kalinoski

To contact the reporter on this story: Jonathan J. Levin in Mexico City at jlevin20@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net


Best LBO Ever
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus