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Mexico stocks slip, banks choppy after Thursday’s market rout

Mexico stocks slip, banks choppy after Thursday’s market rout

MEXICO CITY, Nov 9 (Reuters) – Mexican stocks fell on Friday, tracking losses in United States, while bank stocks were choppy, with some rising but others whipsawing after steep declines in the previous session. The S&P/BMV IPC stock index first rose before falling around 1 percent. Shares in Grupo Financiero Banorte rose but then fell…


MEXICO CITY, Nov 9 (Reuters) – Mexican stocks fell on Friday, tracking losses in United States, while bank stocks were choppy, with some rising but others whipsawing after steep declines in the previous session.

The S&P/BMV IPC stock index first rose before falling around 1 percent. Shares in Grupo Financiero Banorte rose but then fell back to slip 0.5 percent after losing nearly 12 percent on Thursday after a bill to limit bank commissions was presented in Congress. (Reporting by Miguel Gutierrez and Michael O’Boyle)

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