Monday, July 16, 2007

Mexico's Bolsa Falls on U.S. Housing Concern, Led by Cemex: Vale Declines

(Bloomberg) -- Mexican stocks fell for the first day
in four, led by cement maker Cemex SAB, on concern the U.S. housing
slump may have hurt second-quarter earnings for some exporters.

The benchmark Bolsa index declined 161.18, or 0.5 percent, to
32,225.33 as of 3:16 p.m. New York time. Brazil's Bovespa index of
most-traded shares on the Sao Paulo exchange fell 364.85, or 0.6
percent, to 57,279.31.


Read more at Bloomberg Stocks News

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