Comerci’s shares go down

Wal-Mart’s strong presence and its solid sales in Mexico have made retail companies see their incomes affected. In the last five days, shares of Mexico’s retailer Comercial Mexicana registered a 3.18% fall, heading losses in the Price and Quotation Index (IPC) of the Mexico City Stock Exchange (BMV).

Source: El Economista – Valores y Dinero

Wal-Mart’s strong presence and its solid sales in Mexico have made retail companies see their incomes affected. In the last five days, shares of Mexico’s retailer Comercial Mexicana registered a 3.18% fall, heading losses in the Price and Quotation Index (IPC) of the Mexico City Stock Exchange (BMV).

On the other hand, Fitch assigned its “F1(mex)” rating to Comercial Mexicana’s short-term stock certificate program for P$1 billion.

This abstract is provided by Internet Securities, Inc.