Latin American markets are mostly lower today following comments
today by European Central Bank President Mario Draghi the eurozone
is unlikely to see an economic turn around before the second half
of next year. Both the ECB and the Bank of England left interest
rates unchanged, likely helping support gold mining stocks.
Financial stocks are mostly lower amid concerns about the slow pace
of global economic growth.
Here's where the regional markets stand today:
- Ibovespa now down 258.94 (-0.45%) to 57,415.
- IPC (Mexico City) now up near 200 points (+0.5%) to
- Santiago Index IPSA down 7.30 (-0.2%) to 3,583.
- Merval Buenos Aires down 27.40 (-1.1%) to 2,442.6.
In company news, Grupo Aeroportuario del Centro Norte (
) is up nearly 3% at 52 week highs after the Mexican airline
carrier last night said terminal passenger traffic at its 13
airports increased 8.3% in November compared to the year-ago
period. Domestic traffic rose 9.2% while international traffic
climbed 2.5%. The number of takeoffs and landings during in the
month also increased 1.0% over the same month last year. Domestic
operations increased 1.2% with international takeoffs and landings
declining 0.5% last month.
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