Mexico Stocks: Asur, Comercial Mexicana, Soriana Shares Decline
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) , the Mexican supermarket chain that defaulted on debt in 2008, fell 2.2 percent to 18.32 pesos.
Organizacion Soriana SAB (SORIANAB) , 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.
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