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Mexico Stocks: Asur, Comercial Mexicana, Soriana Shares Decline

Aug. 19 (Bloomberg) -- The following companies had unusual price changes in Mexico trading. Stock symbols are in parentheses and prices are as of 4 p.m. New York time.

The IPC index fell 0.3 percent to 33,136.89.

Food retailers: Mexico’s economy expanded 3.3 percent in the second quarter from a year earlier, the slowest pace since the last three months of 2009 when it contracted 2 percent, as agriculture and mining contracted, the national statistics agency said.

Controladora Comercial Mexicana SAB (COMERUBC MM), the Mexican supermarket chain that defaulted on debt in 2008, fell 2.2 percent to 18.32 pesos.

Organizacion Soriana SAB (SORIANAB MM), Mexico’s second-largest grocery store chain, slipped 1.7 percent to 28.30 pesos.

Grupo Aeroportuario del Sureste SAB (ASURB MM), the operator of airports in southern Mexico, fell 2 percent to 64.59 pesos. The company had its recommendation cut to “neutral” from “overweight” at JPMorgan Chase & Co., which cited lower-than-expected air traffic in Mexico.

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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