Bloomberg News

Mexico Stocks: Comerci, Bolsa Mexicana de Valores Are Active

April 17, 2012

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 39,355.17.

Controladora Comercial Mexicana SAB (COMERUBC) , a Mexican supermarket chain, rose 1.1 percent to 26.69 pesos. Mexico’s same-store retail sales rose 6.1 percent in March compared with a year earlier, the country’s retail association, known as Antad, said yesterday.

Bolsa Mexicana de Valores SAB (BOLSAA MM), operator of the Mexican stock exchange, fell 2.1 percent to 26.40 pesos. Guillermo Babatz, president of the National Banking and Securities Commission, said yesterday in a telephone interview that a market collapse on April 13 triggered by Bulltick Capital Markets’s brokerage in Mexico may be the worst trading mistake in the country’s history. Separately, Goldman Sachs Group Inc. cut Bolsa to neutral from buy.

To contact the reporter on this story: Ben Bain in Mexico City at bbain2@bloomberg.net

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


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