Bloomberg News

Mexico Stocks: Grupo Mexico, Soriana, Comercial Mexicana Rise

October 14, 2011

Oct. 14 (Bloomberg) -- The following companies had unusual price changes in Mexico trading. Stock symbols are in parentheses and prices are as of the close of trading.

The IPC index rose 0.8 percent to 34,848.42.

Mexican retailers followed U.S. stocks higher as retail sales beat economists’ estimates and the Group of 20 began discussions on Europe’s debt crisis.

Organizacion Soriana SAB (SORIANAB MM), Mexico’s second- largest grocery store chain, climbed 1 percent to 28.90 pesos.

Controladora Comercial Mexicana SAB (COMERUBC MM), the Mexican supermarket chain that defaulted on debt in 2008, rose 0.5 percent to 19.26 pesos.

Grupo Mexico SAB (GMEXICOB MM), the country’s largest mining company, advanced 1.9 percent to 35.23 pesos as copper futures rose, capping the biggest weekly gain in three months.

--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


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