Mexico Bolsa Rises Most in Month on Analyst Upgrades: Latin America Stocks

(Bloomberg) -- Mexico's Bolsa index rose the most in
four weeks after analysts advised investors to buy companies with
better-than-expected profit growth.

Mexico's Bolsa index rallied 556.58, or 1.8 percent, to
30,791.75 as of 12:50 p.m. New York time, led by mobile phone
company America Movil SAB. It gained the most since July 3.


Read more at Bloomberg Stocks News

Mexican Peso Little Changed Before Central Bank's Benchmark Rate Decision

(Bloomberg) -- The Mexican peso was little changed
before the Bank of Mexico's benchmark lending rate decision
today.

Mexico's central bank will likely hold the overnight
lending rate at 7.25 percent as reports on retail sales and
industrial production signal slower economic growth, according
to 16 of 21 economists surveyed by Bloomberg. The decision is
expected at 10 a.m. New York time.


Read more at Bloomberg Currencies News

Mexico stocks jump, driven by surging America Movil

(Reuters) - The benchmark IPC stock index gained 0.81 percent to
32,181 points, while the peso firmed 0.26
percent to 10.7515 per dollar.




Shares of America Movil , Mexico's dominant
cell-phone operator and the most heavily weighted company on
the IPC index, advanced 3.09 percent to 35.32 pesos, its
biggest one-day gain in three weeks.


Read more at Reuters.com Bonds News

Brazil Stocks Gain, Led by Vale do Rio Doce, CSN; Grupo Mexico Advances

(Bloomberg) -- Brazil's main stock index rose for the
second time in three days, led by steel and mining companies, on
speculation that diversification will boost their profits.

The Bovespa Index of the most-traded stocks on the Sao Paulo
exchange added 379.38, or 0.7 percent, to 57,822.12 as of 1:11 p.m.
New York time. Cia. Vale do Rio Doce, the world's biggest iron-ore
producer, led the gains. Mexico's benchmark Bolsa index climbed
163.75, or 0.5 percent, to 32,086.37.


Read more at Bloomberg Emerging Markets News

UPDATE 2-Mexico unveils $37 billion transport facelift

(Reuters) - MEXICO CITY, July 18 - Mexico will build three
new airports serving beach resorts and construct thousands of
miles of new roads as part of a $37 billion transport facelift
launched on Wednesday.




The five-year public-private infrastructure package also
includes upgrades for sea ports and Mexico's creaking railway
network.


Read more at Reuters.com Bonds News