Latin American markets are mostly edging higher today with
modest rebounds following Thursday's drubbing. But Brazil's
Ibovepsa index is falling for a second session in a row following a
2.2% decline yesterday.
Financial and energy stocks are mixed, with shares of consumer
companies posting smallish gains to keep most of the regional
market gauges narrowly in the black, overcoming a sector-wide
decline among mining and materials stocks.
Here's where the regional markets stand today:
- Ibovespa was down 222.46 a short while ago. Now down 371.8
(-0.7%) to 52,427.
- IPC (Mexico City) up 12.40 (+0.03%) to 40,238.7.
- Santiago Index IPSA up 6.5 (+0.16%) to 4,199.2.
- Merval Buenos Aires up 2.95 (+0.1%) to 3,426.1.
Grupo Aeroportuario del Pacifico announces change of CFO (
) is down about 0.4% at $50.40 per ADR with the Mexican airports
operator last night saying its Chief Financial Officer, Rodrigo
Guzman, has left the company after 12 years in the post to pursue
other professional endeavors.
Guzman was replaced by Raul Revuelta, who was promoted from
chief commercial Officer, effective today. Prior to joining PAC in
2006, Revuelta had been sub-director of financial review at the
Ministry of Communications and Transportation, participating in
several privatization efforts in the communications and
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