Business
Mexico Stocks End Higher On US Data, Euro Zone
Feb 28th
Mexican stocks closed solidly higher Tuesday, as positive U.S. consumer confidence data and some hopeful signs coming out of the debt-laden euro zone helped ease risk fears.
The IPC index of the leading 35 shares rose 0.6% to 38021 points on volume of 225.5 million shares valued at 4.85 billion pesos ($377 million). The IPC closed 0.4% lower in the previous session.
Mexico peso feels the heat
Mar 19th
Mexico’s peso broke a five-week winning streak on Friday after comments from the finance minister stoked speculation that the central bank will step up dollar purchases.
Shell finds oil in gulf of Mexico
Mar 19th
Royal Dutch Shell Plc and Nexen Inc. made a “significant” oil discovery in the Gulf of Mexico, adding to finds in the area last year.
