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Brazil, Mexico Stocks End Down

Brazil, Mexico Stocks End Down Mexico and Brazil stocks slid Wednesday, pulled down by weakness in U.S. equities. Traders said a late-session dip in the Dow Jones industrial average prompted some selling in Latin American markets. The Dow lost 1.20 points, or 0.01 percent, to 11,102.51 after rising a total of 230 points the first two days this week. Brazils benchmark Ibovespa stocks index ended 0.24 percent lower at 36,681 points in thin volume. More : chron.com

Stocks Up in Mexico, Brazil, Argentina

Stocks Up in Mexico, Brazil, Argentina Mexican stocks closed at a record high for a second-straight day Wednesday as investors shook off early doubts and resumed buying, expecting some solid second-quarter earnings reports. After a negative start, the market's key IPC index closed up 0.2 percent or 33.56 points to 14,005.23. It was a second-straight record close, and the index's first ever close above 14,000 points. Volume was 104.7 million shares worth 2.37 billion pesos. Analysts and traders say the recent gains have been fueled by second-quarter earnings expectations. More: forbes.com

Stocks up in Mexico, Chile, down in Brazil, Argentina

Stocks up in Mexico, Chile, down in Brazil, Argentina Mexican stocks posted a broad rally on modest trading activity Friday to reach yet another record close. The market's key IPC index closed up 128.93 points, or 0.8 percent, to 16,879.36. Volume totaled 61.1 million shares traded worth 1.06 billion pesos ($100 million). The IPC last hit a record close on Tuesday, when it finished the session at 16,866.84. Also Friday, in a widely expected move, the Bank of Mexico said it would allow the overnight rate to fall as much as 25 basis points, which puts the current floor at 8.75 percent. Short-term

Brazil Bovespa Falls on Politics; Mexico Falls: Latin Stocks

Brazil Bovespa Falls on Politics; Mexico Falls: Latin Stocks Brazil's main equity index fell for the first time this week, led by state-controlled oil company Petroleo Brasileiro SA, on concern further revelations from a probe into alleged vote-buying may weaken the government. The Bovespa index of the most-traded stocks on the Sao Paulo Stock Exchange fell 555.25, or 2.1 percent, to 25,364.70 at 1:22 p.m. New York time. The Bovespa gained 3.9 percent for the week, boosted by a poll Tuesday that showed President Luiz Inacio Lula da Silva's approval rating rose in June, easing concern he would lose support over

Mexico Bolsa Falls on Shift to Brazil, Yields: Latin Stocks

Mexico Bolsa Falls on Shift to Brazil, Yields: Latin Stocks Mexican stocks fell for a second day, led by America Movil SA, as investors sold Mexican stocks to increase positions in Brazil after Fitch raised the South American country's debt outlook. The Bolsa index of the most-traded stocks in Mexico City fell 346.41, or 2.2 percent, to 15,098.96 at 1:15 p.m. New York time. Elsewhere, Argentina's Merval fell 37.44, or 2.3 percent, to 1606.52. Mexican stocks extended their decline today after Fitch Ratings yesterday revised the outlook on Brazil's debt to ``positive'' from ``stable.'' Fitch rates Brazil BB-, three levels below

Mexico breaks five-day losing streak; Brazil rises

Mexico breaks five-day losing streak; Brazil rises Major markets in the Latin America closed higher Tuesday, boosted by a robust recovery in U.S. stocks that was fueled by falling oil prices. Crude oil prices, which had strengthened on reports of an attack on the U.S. Embassy in Syria, fell below $64 a barrel as demand forecasts were revised lower. In Mexico stocks broke a five-day losing streak. The key IPC index surged 489.88 points, or 2.4%, to 21,102.77. More : marketwatch.com

Canada flat; Mexico, Brazil retreat

Canada flat; Mexico, Brazil retreat After a strong surge to open 2006, stocks in the Americas cooled down on Thursday. Shares in Canada were little changed, while Brazil and Mexico posted small retreats. Toronto stocks closed flat, as a surge in techs cushioned downward pressure on the oil and gold groups. The S&P/TSX Composite Index rose 6.20 points, or 0.05%, to 11507.68. But declines beat advances 791 to 671. The S&P/TSX 60 Index closed up 0.56 points, or 0.09%, to 648.99. Only two of Toronto's 10 sector indexes fell, one of which was the heavily-weighted energy sector. Oil stocks retreated, mirroring the price of crude,

Brazil, Mexico’s Indexes Fall on U.S. Inflation: Latin Stocks

Brazil, Mexico's Indexes Fall on U.S. Inflation: Latin Stocks Brazil and Mexican benchmark stock indexes fell as higher-than-expected inflation in the U.S. raised concern interest rates may keep rising, reducing inflows to emerging markets. Brazil's Bovespa index of the 57 most-traded stocks in the Sao Paulo stock exchange fell 514.20, or 1.7, to 29,727.41 at 2:13 p.m. New York time. The drop was led by state-controlled oil company Petroleo Brasileiro SA. In Mexico, the Bolsa fell 158.93, or 1 percent, to 15,123.80, led by America Movil, Latin America's largest wireless telephone company. ``Inflation there raises fears of lower growth and

Stocks Close Higher in Argentina, Lower in Mexico, Brazil

Stocks Close Higher in Argentina, Lower in Mexico, Brazil Latin America's three major stock markets closed mixed on Monday. The Buenos Aires stock market closed with the Merval index up by 1.42 percent and ended at 1,550.96 points. The trade volume was 14 million U.S. dollars. Mexico City's stock market IPC index dropped 0.14 percent and closed at 17,776.88 points. A total of 6.4 million shares were traded at 10.7 million dollars. In Sao Paulo, Latin America's biggest bourse, the leading Bovespa index closed at 33,297 points, down 0.10 percent. The trade volume was 192 million dollars. More: blackenterprise.com

Stocks close higher in Mexico, lower in Argentina, Brazil

Stocks close higher in Mexico, lower in Argentina, Brazil Latin America's three major stock markets closed mixed on Friday. Mexico City's stock market IPC index rose by 0.77 percent and closed at 16,879.37 points. A total of 61 million shares were traded at 102.1 million US dollars. The Buenos Aires stock market closed with the Merval index slightly down by 0.11 percent and ended at 1,629.63 points. The trade volume was 17.89 million dollars. In Sao Paulo, Latin America's biggest bourse, the leading Bovespa index closed at 31,920 points, down by 0.08 percent. The trade volume was 470.2 million dollars. More: english.people.com.cn