Bloomberg News

Mexico Equity Movers: Soriana, Geo, Axtel, Penoles

July 27, 2012

IPC rose 1.2% to 41,476.48 at the close of trading, with 26 stocks rising and eight falling.

ADVANCERS: *Corp. Geo SAB (GEOB MM) +2.4%; 2Q net income of 240m pesos on revenue of 5.8b pesos reported yesterday *Genomma Lab Internacional SAB (LABB MM) +0.9%; 2Q net income of of 269m peso on sales of 2.1b pesos reported yesterday *Industrias Penoles SAB (PE&OLES* MM) +3.8%; copper had the longest rally in five weeks *Organizacion Soriana SAB (SORIANAB MM) +3.8%; 2Q profit rose 1.7% to 755m pesos

DECLINERS: *Axtel SAB (AXTELCPO MM) -7%; posted 2Q loss of 977.5m pesos vs year-ago loss of 21.2m pesos yesterday

To contact the reporter on this story: Patricia Laya in New York at playa2@bloomberg.net

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


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