Bloomberg News

Mexico Stocks: Aeroportuario Pacifico, Asur, Homex Are Active

April 10, 2012

The following companies are having unusual price changes in Mexico trading. Stock symbols are in parentheses, and prices are as of 12:51 p.m. in Mexico City.

The IPC index fell 1 percent to 39,048.76.

Grupo Aeroportuario del Pacifico SAB (GAPB MM), the operator of airports in the Pacific and central regions of the country, advanced 0.4 percent to 48.76 pesos after earlier jumping as much as 2.1 percent. Its passenger traffic rose 6 percent in March from a year earlier, capping a quarter of gains, according to a statement yesterday to the Mexican stock exchange.

Grupo Aeroportuario del Sureste SAB (ASURB MM), the operator of airports in southern Mexico, rose 0.6 percent to 93.58 pesos, extending its rally to five days. Traffic climbed 9.1 percent in March from a year earlier, according to a statement to the Mexican stock exchange on April 4.

Building-related companies led Mexican stocks lower as Spanish and Italian bond yields rose, spurring concern about Europe’s debt crisis.

Desarrolladora Homex SAB (HOMEX*) , Mexico’s largest homebuilder, fell 4.6 percent to 35.38 pesos. Empresas Ica SAB (ICA*) , the country’s biggest construction company, dropped 3.5 percent to 22.11 pesos.

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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