Referenced Stocks

Latin American Markets Mostly Higher, Led By Financial and Energy Sectors

By Midnight Trader,  January 03, 2013, 12:56:33 PM EDT

Latin American Stocks are mostly higher today, supported by gains among financial stocks after Spain's second-largest bank by assets - Banco Bilbao Vizcaya Argentaria, S.A. ( BBVA ) - sold about $2 billion of five-year notes for about 24 basis points less than comparible government notes, according to Fox Business News. Energy stocks also are moderately higher, offsetting declines for shares of mining companies.

Here's where the regional markets stand today:

- Ibovespa was up 616.32. Now up 542.5 points (+0.9%) to 63,093.

- IPC (Mexico City) was up 122.17. Now up 140 points (+0.3%) to 44,444.

- Santiago Index IPSA was up 7.21. Now up 5.87 (+0.2%) to 3,761.15.

- Merval Buenos Aires up 30.47 (+1%) to 2,983.3.




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



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