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STXNEWS LATAM- Mexican shares fall on euro zone woes
May 30, 2012 / 1:47 PM / 6 years ago

STXNEWS LATAM- Mexican shares fall on euro zone woes

Mexico’s IPC stock index declined 0.52 percent to 37,929 points on increasing worries about euro-zone debt after a poll showed Greek anti-bailout candidates favored in the upcoming election and Spanish and Italian bond yields rose.

Widely traded shares of retailer Wal-Mart de Mexico and telecommunications giant America Movil were both down, 0.81 and 0.06 percent, respectively. Construction company ICA also fell 1.70 percent after announcing it would buy a 51-percent stake in Peruvian contract mining company San Martin Contratistas Generales.

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