Referenced Stocks

Latin America Markets Tilting Higher on EU Bailout Decision, Chinese Stimulus Prospects

By Midnight Trader,  September 12, 2012, 12:54:58 PM EDT

The Latin American markets are mostly higher today following a favorable decision in the German courts siding with formation of sovereign debt bailout fund as well as Chinese officials earlier leaving the door open to mew stimulus measures.

Here's where the regional markets stand today:

- Ibovespa up 345 (+0.6%) to 59,767.5.

- IPC (Mexico City) up 272 (+0.68%) to 40,268.

- Santiago Index IPSA down 6.73 (-0.16%) to 4,183.55.

- Merval Buenos Aires up 16.07 (+0.67%) to 2,422.59.

In ADR news, Morgan Stanley has lowered its rating for shares of Banco Bilbao Vizcaya Argentaria SA ( BBVA ) from Overweight to Equal Weight.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: BBVA



Latest News Video

How the Yen Has Influenced Gold Prices
How the Yen Has Influenced Gold Pri...
Fifty Years of the African Union
Fifty Years of the African Union    
Top News Headlines: Pakistan Bus Explosion Kills 17
Top News Headlines: Pakistan Bus Ex...


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.24 0.03  0.23%
FB $ 24.32 0.74  2.95%
SIRI $ 3.58 0.04  0.99%
GE $ 23.53 0.13  0.55%
PFE $ 29.04 0.07  0.24%
MSFT $ 34.27 0.12  0.35%
INTC $ 23.93 0.12  0.50%
P $ 16.43 0.73  4.25%