Mexico Stocks: Grupo Mexico, Asur, Ica, Homex Are Active
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 fell 1 percent to 39,035.17.
Grupo Aeroportuario del Sureste SAB (ASURB MM), the operator of airports in southern Mexico, rose 0.4 percent to 93.38 pesos, extending its rally to five days. Traffic climbed 9.1 percent in March from a year earlier, according to a statement to the Mexican stock exchange on April 4.
Building-related companies led Mexican stocks lower as Spanish and Italian bond yields rose, spurring concern about Europe’s debt crisis.
Desarrolladora Homex SAB (HOMEX*) , Mexico’s largest homebuilder, fell 4.5 percent to 35.41 pesos. Empresas Ica SAB (ICA*) , the country’s biggest construction company, dropped 4.5 percent to 21.86 pesos.
Grupo Mexico SAB (GMEXICOB) , the country’s largest mining company, fell 1.7 percent to 38.62 pesos. Copper futures declined as import demand declined in China, the world’s largest user of industrial metals.
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