(Bloomberg) -- Mexico's Bolsa index rose for a fifth
day as investors bet the country's credit rating will be raised by
Standard & Poor's, reducing government borrowing costs and fueling
spending.
The benchmark Bolsa index advanced 242.19, or 0.8 percent, to
31,662.88 as of 11:57 a.m. in New York, led by America Movil SAB,
Latin America's biggest mobile-phone company. Brazil's Bovespa
index rose 0.2 percent to a record 55,503.91.
Read more at Bloomberg Stocks News
day as investors bet the country's credit rating will be raised by
Standard & Poor's, reducing government borrowing costs and fueling
spending.
The benchmark Bolsa index advanced 242.19, or 0.8 percent, to
31,662.88 as of 11:57 a.m. in New York, led by America Movil SAB,
Latin America's biggest mobile-phone company. Brazil's Bovespa
index rose 0.2 percent to a record 55,503.91.
Read more at Bloomberg Stocks News
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