Latin American markets are mixed today with small declines by
energy stocks mostly offsetting gains for shares of most mining
companies. Financial stocks are mixed.
Regional markets appear little affected by a magnitude-7.6
earthquake that shook Costa Rica earlier today, with the U.S.
Geological Survey saying the 8:42 a.m. MT quake struck about 140
kilometers west of the capital, San Jose. There were no immediate
reports of deaths or injuries although schools near the epicenter
reported some damage, according to the Associated Press.
Here's where the Latin American markets stand this
- Ibovespa up 364.02 (+0.65%) to 56,597.92
- IPC (Mexico City) up 61.56 (+0.15%) to 39,608.
- Santiago Index IPSA down 6.88 (-0.17%) to 4,111.6.
- Merval Buenos Aires down 1.90 (-0.08%) to 2,377.40.
In company news, Vale SA (
) ADRs are up 1.5% today in moving away from near year lows as
Sanford C. Bernstein initiated coverage of the South American miner
with an underperform rating on the stock and set a $12.30 price
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