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Mexico Equity Movers: Alfa, Consorcio Ara, Genomma Lab, Urbi

Aug. 14 (Bloomberg) -- IPC index up 0.7% at close of trading in Mexico City, with 24 stocks advancing and 11 declining.

ADVANCERS: * Urbi Desarrollos Urbanos (URBI* MM) +5.4%; shrs fell yesterday to record low 0.38 times book value * Grupo Aeroportuario del Sureste (ASURB MM) +4.9%; company has “best outlook” in Mexican airport sector, Monex Casa de Bolsa said in e-mailed report today * Banregio Grupo Financiero (GFREGIO MM) +3.7%; up 61% ytd, most on IMC 30 * Alfa (ALFAA MM) +2.5%; plans 10-for-1 stock split * Grupo Financiero Banorte (GFNORTEO MM) +2.4%; up 65% ytd, most on IPC * Genomma Lab Internacional (LABB MM) +1.4%; initiated at Itau BBA Securities with equivalent of buy

DECLINERS: * Consorcio Ara (ARA* MM) -1.2%; volume more than two times daily average for past 3 months * Grupo Televisa (TLEVICPO MM) -0.8%; cut to equivalent of hold from buy at Corporativo GBM

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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