Latin American Market Bumping Along in Choppy Trade

By
A A A

Latin American markets are mixed today, mirrored by fact that energy and mining stocks were travelling in opposite directions. Investors and traders await a pending decision by Spanish officials whether to accept an European Union bailout to determine broader market direction.

Here's where the regional markets stand today;

- Ibovespa down 268.04 (-0.45%) to 59,302.76.

- IPC (Mexico City) up 63.45 (+0.2%) to 41,188.

- Santiago Index IPSA up 12.27 (+0.29%) to 4,244.35.

- Merval Buenos Aires down 5.49 (-0.22%) to 2,452.97.

In company news, Gol Linhas Aereas ( GOL ) ADRS are down near 10% today, tumbling after traders were expecting news of a capital injection into Brazil's second-largest airline but instead were treated to a company briefing detailing plans to order 60 new Boeing ( BA ) jets.



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.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks: BA , GOL

MT Newswires

MT Newswires

More from MT Newswires:

Related Videos

Tiny Homes With Big Appeal
Tiny Homes With Big Appeal          

Stocks

Referenced

76%
75%

Most Active by Volume

270,887,127
    $93.89 unch
225,243,115
  • $40.93 ▼ 2.74%
135,900,109
  • $47.52 ▲ 1.80%
89,467,924
  • $5.35 ▼ 1.11%
85,105,358
  • $16.95 ▼ 0.53%
80,748,539
  • $39.80 ▼ 4.21%
68,491,586
  • $3.57 ▼ 1.79%
62,097,356
  • $100.96 ▼ 0.82%
As of 9/19/2014, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com