Tuesday, June 26, 2007

Mexico's Bolsa Declines a Third Day on Tax Law Concern; Chile's IPSA Falls

(Bloomberg) -- Mexico's main stock index fell for a
third day on concern President Felipe Calderon's proposed tax
legislation will lower company profits.

Mexico's Bolsa index declined 259.09, or 0.8 percent, to
31,036.92 as of 2:29 in New York. The Bovespa Index of the most-
traded stocks on Brazil's Sao Paulo exchange was little changed at
54,078.33.


Read more at Bloomberg Stocks News

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