Mexico stocks slump by most since early March

MEXICO CITY, June 22 (Reuters) - Mexican stocks tumbled on Monday in their biggest one-day drop in nearly four months after the World Bank cut its global growth estimate, stoking investor skepticism about the pace of economic recovery.

Mexico's IPC stock index .MXX closed down 3.95 percent at 23,314.68, its biggest one-day percentage decline since March 2. (Reporting by Michael O'Boyle; Editing by James Dalgleish)