By Laurence Iliff | Wall Street Journal | December 21, 2010
MEXICO CITY (Dow Jones)–Mexican stocks rose in early trading Tuesday, boosted by U.S. market gains and the cooling of fears over euro-zone sovereign debt.
The IPC index of the 35 most-traded stocks was 0.5% higher at about 10:45 a.m. EST to 38,163 on volume of 22.5 million shares worth 544.5 million pesos ($44 million).
After a flat start to the week due to a lack of economic news, the IPC tracked U.S. markets higher at open on comments by a Chinese official expressing the Asian giant’s support for European efforts to get a handle on a debt crisis that has kept markets volatile.
Latin America’s largest wireless provider and market bellwether America Movil (AMX, AMX.MX) L shares rose 0.6% to MXN35.29. Mexico’s biggest retailer Wal-Mart de Mexico (WALMEX.MX) was higher by 0.7% at MXN35.54.
Read full article here via Wall Street Journal
Mexico's Stocks Rise At Open, As China Comments Boost Markets
ABOUT AUTHOR
Jump to Article
What infra upgrades are needed to handle AI energy spikes?
AI infra brief: Power struggles behind AI growth
The IEA report predicts that AI processing in the U.S. will need more electricity than all heavy industries combined, such as steel, cement and chemicals
Energy demand for AI data centers in the U.S. is expected to grow about 50 gigawatt each year for the coming years, according to Aman Khan, CEO of International Business Consultants
AI infra brief: Power struggles behind AI growth
The IEA report predicts that AI processing in the U.S. will need more electricity than all heavy industries combined, such as steel, cement and chemicals
Energy demand for AI data centers in the U.S. is expected to grow about 50 gigawatt each year for the coming years, according to Aman Khan, CEO of International Business Consultants