Bloomberg News

Mexico Stocks: Soriana, Liverpool, Grupo Mexico Shares Advance

February 20, 2012

Feb. 20 (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 1 percent to 38,296.68.

Retailers: Retail sales may have climbed 4.2 percent in December from the same month in 2010, according to the median estimate of nine economists surveyed by Bloomberg before the Feb. 22 report by the national statistics institute.

Organizacion Soriana SAB (SORIANAB MM), Mexico’s second- largest grocery store chain, gained 2.5 percent to 34.87 pesos. El Puerto de Liverpool SAB (LIVEPOLC MM), a luxury-goods retailer, climbed 1.7 percent to 103.56 pesos.

Grupo Mexico SAB (GMEXICOB MM), the country’s largest mining company, rose 1.8 percent to 40.96 pesos. Copper climbed in London, rebounding from the longest losing streak since September, after China eased reserve requirements to stoke lending in the world’s biggest consumer of the metal.

--Editors: Richard Richtmyer, Brendan Walsh

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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