(Bloomberg) -- Mexican stocks had their first weekly decline since mid-March, led by retailer Wal-mart de Mexico SAB, as an unexpected interest rate increase by the central bank fanned concerns that profit growth is slowing.
The index of the most-traded stocks in Mexico City today rose 30.23, or 0.1 percent, to 29,372.93, paring its weekly loss to 1.5 percent. Brazil's Bovespa index was off 0.4 percent for the week, after rising 161.91, or 0.3 percent today to 49,229.60.
Read more at Bloomberg Emerging Markets News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment