Tuesday, June 19, 2007

Mexico Bolsa Falls on U.S. Housing Slump, Led by Cemex; Bancolombia Rises

(Bloomberg) -- Mexico's main stock index fell for the
first time in five days, led by Cemex SAB, on concern that the
slump in the U.S. housing market will hurt demand for building
materials.

The benchmark Bolsa index slid 157.62, or 0.5 percent, to
32,060.55 as of 12:36 a.m. in New York. Cemex, North America's
largest cement producer, accounted for more than half of the
decline and fell the most since Feb. 27.


Read more at Bloomberg Emerging Markets News

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