Thursday, February 10, 2011

Mexico's Stocks Close Lower As Heavyweights Take A Hammering

By Laurence Iliff
Of DOW JONES NEWSWIRES
MEXICO CITY (Dow Jones)--Mexican stocks closed lower by 1.5% on Wednesday, with top market heavyweights tumbling as a monthlong market selloff accelerated after last year's healthy gains.
The IPC index of leading issues shed 579 points, to 36987 points, on volume of 191.6 million shares worth 6.54 billion pesos ($542 million). The index has been trending lower, with one step forward and two steps back, since

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