Friday, July 6, 2007

Mexico Bolsa Rises to Record, Led by America Movil; Chilean Stocks Decline

(Bloomberg) -- Mexico's main stock index jumped to a
record, heading for its biggest weekly gain since March, as
emerging markets rallied and Standard & Poor's said it may raise
the country's credit rating.

The Bolsa index advanced 369.96, or 1.2 percent, to 32,547.79
as of 1:46 p.m. in New York, led by America Movil SAB, Latin
America's biggest mobile phone company. The index was up 4.5
percent for the week, and today eclipsed a June 5 record. Brazil's
main stock index was heading for it biggest weekly gain in three.


Read more at Bloomberg Stocks News

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