Mexico Stocks: Grupo Elektra, Wal-Mart de Mexico Shares Fall

The following companies had unusual price changes in Mexico trading. Stock symbols are in parentheses and prices are as of 4:00 p.m. New York time.

The IPC index was little changed at 37,385.91.

Retailers declined after Mexico’s consumer confidence fell in November, according to the national statistics agency. The index decreased to 88.5 from 89.2 in October, while economists had estimated confidence would be 90.1, according to the median of nine forecasts compiled by Bloomberg.

Grupo Elektra SA (ELEKTRA* MM), the retail and banking company controlled by billionaire Ricardo Salinas, fell 0.7 percent to 512.45 pesos.

Wal-Mart de Mexico SAB (WALMEXV MM), the country’s biggest retailer, declined 0.4 percent to 34.77 pesos.

To contact the reporter on this story: Jonathan J. Levin in Mexico City at jlevin20@bloomberg.net.

To contact the editor responsible for this story: David Papadopoulos at Papadopoulos@bloomberg.net

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