Mexico Equity Movers: Soriana, Geo, Axtel, Penoles

IPC rose 1.2% to 41,476.48 at the close of trading, with 26 stocks rising and eight falling.

ADVANCERS: *Corp. Geo SAB (GEOB MM) +2.4%; 2Q net income of 240m pesos on revenue of 5.8b pesos reported yesterday *Genomma Lab Internacional SAB (LABB MM) +0.9%; 2Q net income of of 269m peso on sales of 2.1b pesos reported yesterday *Industrias Penoles SAB (PE&OLES* MM) +3.8%; copper had the longest rally in five weeks *Organizacion Soriana SAB (SORIANAB MM) +3.8%; 2Q profit rose 1.7% to 755m pesos

DECLINERS: *Axtel SAB (AXTELCPO MM) -7%; posted 2Q loss of 977.5m pesos vs year-ago loss of 21.2m pesos yesterday

To contact the reporter on this story: Patricia Laya in New York at playa2@bloomberg.net

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

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.