Thursday, July 12, 2007

Mexico stocks up, driven by global mining gains

(Reuters) - The IPC stock index closed 1.08 percent higher at
32,261.10 points, while the peso currency firmed
0.42 percent to 10.7745 per dollar.




Shares in Grupo Mexico , Mexico's largest
copper miner, jumped 4.30 percent to 77.78 pesos after
Anglo-Australian aluminum firm Rio Tinto
agreed to buy Canadian firm Alcan Inc. for $38.1
billion. The deal, which will create the world's largest
aluminum company, boosted mining equities worldwide.


Read more at Reuters.com Bonds News

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