Latin American Shares Advance on Commodity Demand, Corporate Profit Growth

(Bloomberg) -- Latin American stocks rose on
speculation that global demand for metals and oil will boost
corporate profits. Raw-materials producers led the advance.

The Bovespa Index of the most-traded stocks on the Sao Paulo
exchange headed for a fifth month of gains, rising 598.02, or 1.1
percent, to 55,170.63 as of 12:39 p.m. New York time. Mexico's
Bolsa index rallied 280.25, or 0.9 percent, to 31,180.93. Even
with today's gain, the index is little changed for the month.


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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.


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Mexican Bolsa Rises on Rating Outlook, Led by America Movil; Bovespa Gains

(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.


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Axtel, Cemex, Grupo Mexico and Telefonos de Mexico: Mexican Equity Movers

(Bloomberg) -- Mexico's main stock index fell for the
first time in five days, led by cement maker Cemex SAB.

The Bolsa index retreated 285.03, or 0.9 percent, to 31,933.14
at 10:14 a.m. New York time.


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