Mexico peso gains on economy optimism, stocks dip

(Recasts, adds detail, updates prices)

MEXICO CITY, June 4 (Reuters) - Mexico's peso surged on Thursday after new U.S. economic data showed hints of improvement, but stocks were dragged lower by America Movil.

The peso MEX01 MXN= strengthened 1.13 percent to 13.201 per U.S. dollar while the IPC stock index .MXX slipped 0.44 percent to 24,542 points.

In debt trading, Mexico's benchmark 10-year bond MX10YT=RR rose 0.271 of a point in price, pushing its yield down 4 basis points to 7.89 percent.

A weekly report on Thursday showed initial U.S. jobless claims fell for the first time since January, raising hopes of a recovery in economy of the United States, Mexico's main trading partner.

In stock trading, cellphone heavyweight America Movil (AMXL.MX: Quote, Profile, Research), controlled by billionaire Carlos Slim, fell 0.97 percent to 24.46 pesos.

Troubled retailer Comercial Mexicana's stock (COMEUBC.MX: Quote, Profile, Research) dropped 7.8 percent to 7.21 pesos after it said its latest debt restructuring proposal to creditors includes an instrument convertible into equity. (Reporting by Noel Randewich, Editing by Chizu Nomiyama)