http://www.mexbiznews.com/morgan-stanley-cites-little-reason-own-cemex Bloomberg Morgan Stanley said there is “little reason” to own shares of Cemex because cement demand may remain weak until 2011, valuations are “uninteresting” and debt refinancing is still a risk. Front Page Companies Markets & Data Mon, 15 Jun 2009 15:34:24 +0000 mexbiznews 9261 at http://www.mexbiznews.com http://www.mexbiznews.com/stocks-open-amid-rate-cut-us-gains   Dow Jones Newswires Mexico's stocks opened higher Friday as cement maker Cemex shares continued to rebound from bad losses earlier this week and U.S. markets got off to a positive start. Around 10:25 a.m. EDT, the benchmark IPC stock index was up 0.9 percent at 24,552.48 points. Front Page Markets & Data Fri, 19 Jun 2009 15:47:29 +0000 mexbiznews 11885 at http://www.mexbiznews.com http://www.mexbiznews.com/banxico-reduces-benchmark-rate-475-percent El Financiero With the governing board saying that the economic downturn in industrialized countries seems to be bottoming out, the Banco de México today reduced by 50 points its benchmark rate to 4.75 percent. Front Page Economy & Finance Markets & Data Fri, 19 Jun 2009 15:53:44 +0000 mexbiznews 11886 at http://www.mexbiznews.com http://www.mexbiznews.com/stocks-close-down-slightly-after-late-sell Dow Jones Newswires Mexican stocks closed with modest losses Friday, down 0.3 percent at 24,274.72, on a bout of late selling after U.S. markets relinquished morning gains, while the peso ended slightly stronger at 13.3710 versus the dollar. Front Page Markets & Data Sat, 20 Jun 2009 13:35:32 +0000 mexbiznews 12317 at http://www.mexbiznews.com http://www.mexbiznews.com/mexico-debt-gap-fuels-debt-sales-ratings-concerns Bloomberg Mexico will probably boost debt sales 46 percent in the third quarter to finance a budget deficit that is widening as the U.S. recession throttles exports and oil production slumps, according to Metanalisis SA. Front Page Economy & Finance Markets & Data Mon, 22 Jun 2009 13:11:40 +0000 mexbiznews 12866 at http://www.mexbiznews.com http://www.mexbiznews.com/stocks-open-lower-rising-risk-aversion Dow Jones Newswires Mexico stocks opened lower on Monday with a grim economic forecast from the World Bank, a weaker peso and falling oil prices weighing on local shares. At 10:20 a.m. EDT the IPC stock index was trading 2.4 percent lower at 23,672.87 points. The peso was trading weaker at 13.4190 to the U.S. dollar. Front Page Markets & Data Mon, 22 Jun 2009 15:50:22 +0000 mexbiznews 12991 at http://www.mexbiznews.com http://www.mexbiznews.com/vitro-end-trading-new-york-stock-exchange Sentido Comun Vitro, the largest glass manufacturer in Mexico, announced that it will end the trading of American Depositary Receipts (ADR) on the New York Stock Exchange as of Aug. 24, and will concentrate on its listing on Mexico's Bolsa. Front Page Companies Markets & Data Tue, 23 Jun 2009 14:18:42 +0000 mexbiznews 13621 at http://www.mexbiznews.com http://www.mexbiznews.com/trade-surplus-680-million-marked-may Dow Jones Newswires Mexico registered a third straight monthly trade surplus in May totaling $680 million as exports proved somewhat more resilient than imports amid the country's deepest recession since 1995. Front Page Economy & Finance Markets & Data Trade & Investment Wed, 24 Jun 2009 13:30:54 +0000 mexbiznews 14306 at http://www.mexbiznews.com http://www.mexbiznews.com/fitch-ratings-forecasts-55-percent-gdp-growth-rate Reuters/El Economista Fitch Ratings, saying growing fiscal pressures and external buffers on Mexico, forecast a 5.5 percent contraction in real GDP in Mexico in 2009, followed by a modest recovery in 2010. Front Page Economy & Finance Markets & Data Wed, 24 Jun 2009 15:59:41 +0000 mexbiznews 14425 at http://www.mexbiznews.com http://www.mexbiznews.com/bolsa-regains-strength-us-gdp-data El Financiero Despite opening lower, the financial markets of Mexico and New York reversed their direction on news that U.S. GDP data was better than expected. By mid-morning, the Bolsa Mexicana de Valores had gained 0.53 percent. Front Page Markets & Data Thu, 25 Jun 2009 14:35:11 +0000 mexbiznews 15095 at http://www.mexbiznews.com