Mexico Stocks: Compartamos, Industrias Penoles, Corp. Geo

The following companies are having unusual price changes in Mexico trading. Stock symbols are in parentheses and prices are as of 1:35 p.m. Mexico City time.

The IPC index rose 0.2 percent to 37,619.24.

Mexican stocks gained in line with U.S. equities as Greece moved closer to completing a debt-swap deal and U.S. government data showed jobless claims remained at a level consistent with an improving economy in Mexico’s biggest trading partner. In a separate report, Mexico’s annual inflation rate fell in February for the first time in five months, slowing to 3.87 percent from 4.05 percent in January.

Compartamos SAB (COMPARC*) (COMPARC* MM), the holding company that controls low-income lender Banco Compartamos SA, gained 1.8 percent to 13.6 pesos. Corp. Geo SAB (GEOB) , Mexico’s second- largest homebuilder, advanced 2.8 percent to 19.2 pesos. Axtel SAB (AXTELCPO) , Mexico’s second-largest land-line phone company, gained 2.1 percent to 4.45 pesos.

Industrias Penoles SAB (PE&OLES*) (PE&OLES* MM), Mexico’s largest silver producer, rose 1.1 percent to 636 pesos as silver futures for May delivery gained for a second day in New York.

To contact the reporter on this story: Christine Jenkins in New York at cjenkins28@bloomberg.net

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

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