Referenced Stocks

Latin American Markets Mixed; Gains for Financial, Consumer Stocks Balance Resource Declines; Vale Hits Yr Lows

By Midnight Trader,  August 28, 2012, 01:34:27 PM EDT

Latin American markets are mixed today with gains for financial and consumer stocks largely offsetting declines for shares of energy and mining companies.

Here's where the regional markets stand this afternoon:

- Ibovespa up 342.62 (+0.6%) to 58,454.08.

- IPC (Mexico City) down 51.77 (-0.1%) to 39,921.08.

- Santiago Index IPSA down 0.96 (-0.02%) to 4,155.41.

- Merval Buenos Aires down 15.10 (-0.6%) to 2,445.62.

In company news, Brazilian miner Vale SA ( VALE ) has lifted a declaration of force majeure at its Carborough Downs coking coal mine in Australia, according to regulatory documents filed last night. A May 31 gas leak forced the mine's closure. VALE ADRs are down about 0.7% and have hit year lows today.




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: VALE



Latest News Video

Boston Marathon Runners Finally Cross Finish Line
Boston Marathon Runners Finally Cro...
Graduations Bring Normalcy To Ravaged Oklahoma
Graduations Bring Normalcy To Ravag...
Prep School Apologizes For Sexual Abuse Of Students
Prep School Apologizes For Sexual A...


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%