Latin America Stock Market Roundup

Date: 5 July 2005

Mexican stocks edged higher Wednesday as second-tier issues, like shares in glass maker Vitro SA, staged recoveries. The market's key IPC index closed up 27.07 points or 0.2 percent to 13,550.14.

Volume totaled 84.3 million shares traded worth 1.43 billion pesos.

The Dow Jones Industrial Average, meanwhile, retreated 0.3 percent to 10,374.48.

Among Mexican gainers, Vitro's A shares soared 7.1 percent to 7.89, recovering a bit from a recent bout of selling. The shares remain significantly lower than where they stood about a month ago, at 8.61, or from their 11.37 level at the start of the year.

Investors are concerned about Vitro's flat glass division, which should be enjoying a boom amid a flurry of construction in Mexico. First-quarter results, though, disappointed

600450 Latin America Stock Market Roundup glassonweb.com

See more news about:

Others also read

Vitro Architectural Glass has expanded its product lineup with the introduction of BirdSmart™ Bird Safe Glass, a bird-friendly, low-e solution designed to prevent bird strikes.
A new glass curtain wall featuring high-performance tinted Vitro glass is elevating both aesthetics and energy efficiency at a North Carolina cancer center.
The new 14-story Hilton at Nashville International Airport combines innovative glazing solutions with precision engineering to deliver a striking, high-performance hotel.
(W)rapper is an impressive new office building showcasing contemporary architecture that aligns with the latest advancements in sustainable design.
Vitro Architectural Glass has initiated a substantial investment plan to expand its Wichita Falls location for the production of patterned solar glass.
The first Solar Generation project in Vitro was successfully launched, located on the roof of Coater 8 in Mexicali, Baja California

Add new comment

From industry

NEWS RELATED PRODUCTS

Vitro Architectural Glass
Vitro Architectural Glass
Vitro Architectural Glass
Vitro Architectural Glass
Vitro Architectural Glass
Vitro Architectural Glass