Bloomberg News

Venezuela’s Mercantil Surges 14 Percent to Highest in Five Years

March 02, 2012

Mercantil Servicios Financieros CA (MVZ/A) headed to a five-year high in Caracas trading.

Class A shares of Mercantil, a Caracas-based holding company that offers banking and financial services, climbed 14 percent to 48 bolivars, the highest price since January 2007. The one-day advance was the biggest since January 2010.

is the biggest since January 2010.

To contact the reporter on this story: Daniel Cancel in Caracas at dcancel@bloomberg.net

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


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