Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Mexico Stocks: Mexichem, Elektra, Comercial Chedraui Were Active

March 26 (Bloomberg) -- The following companies had unusual price changes in Mexico trading. Stock symbols are in parentheses and prices are as of the close of trading.

The IPC index rose 1.4 percent to 38,863.15, a record.

Mexichem SAB (MEXCHEM* MM), the chemical producer that has bought more than 15 companies since 2007, gained 2.6 percent to 48.54 pesos. Banco Santander SA said it expects the company to “positively surprise” in the next two quarters and reiterated its “buy” recommendation, according to an e-mailed research note.

Retail companies were among the biggest gainers in Mexico after U.S. Federal Reserve Chairman Ben S. Bernanke said that accomodative monetary policy is still needed to spur jobs.

Grupo Elektra SAB (ELEKTRA* MM), the retail and banking company controlled by billionaire Ricardo Salinas, rose 4.6 percent to 1,176.63 pesos. Grupo Comercial Chedraui SAB (CHDRAUIB MM), the supermarket chain based in Xalapa, Mexico, rose 2 percent to 33.61 pesos.

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

To contact the editor responsible for this story: David Papadopoulos at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.