Latin American markets are mostly higher today after the
Organization for Economic Cooperation and Development said the
outlook for growth in most industrialized countries is improving
and also on speculation central bankers in the U.S. and Japan will
take more steps to spur growth.
IBOVSEPA up around 450 points or 0.7% at 61,945.5.
MERVAL BUENOS AIRES up 4.7 points at 3,112.4.
Santiago Stock Exchange IPSA Index down 1.95 at 4,434.7.
In individual company news, U.S.-listed shares of Embraer SA (
), the world's largest maker of regional jets, are up about 2.5%
after the company announced
an order for 20 new planes from an unnamed customer on Monday.
The deal, received in Q4, calls for ERJ to deliver 15 of its E-190
aircraft and five of its E-175 jets, according to a securities
Also today, America Movil S.A.B. de C.V. (
) is getting a boost after the telecommunication firm controlled by
Carlos Slim was raised to Buy from Hold at TheStreet.com, citing
robust revenue growth, expanding profit margins and rising net
income and share price over the past year.
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