Latin American stocks are mixed today with gains for mining and
energy stocks helping offset declines for selected financial and
consumer stocks. Utilities also are higher today.
Here's where the major Latin American market indices stand:
Ibovespa up 596.98 (+0.94%) to 64,125.6289
IPC down 526.05 (-1.32%) to 39,398.88
Santiago Index IPSA up 5.33 (+0.12%) to 4,639.92.
Merval Buenos Aires down 48.04 (-1.84%) to 2,557.46.
Among individual companies, Uranium Energy Corp. (
) CEO Amir Adnani said in an interview with The Street.com today
that Chinese and Indian demand continues to bolster uranium prices.
He also said the industry needs more producers but explained there
are considerable barriers keeping new companies from entering the
market. UEC shares are up around 1.5% today.
Also, U.S.-listed shares of Brasil Foods S.A. (
) are down 1% today with Standard & Poor's late yesterday
assigning a BBB- rating to the company's long-term debt, the third
of the three major rating agencies lifting the meat processor to
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